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Retail Sales Behavior Remained the Same In May, this month in Bucaramanga the sector has increased by 0.5%, revealed the latest report on the retail trade of the National Administrative Department of Statistics, Dane.
The capital of Santander was the last city among those badyzed with the greatest variation in the retail trade, preceded by Barranquilla, with 6.6%, Medellin with 4.6%, Bogota with 4.2% and Cali with 3.0%.
In addition, according to the report, Hiring of staff in commerce was contracted by 3.1%.
It should be noted that, according to the business paper of Fenalco, in the fifth month, sales would have been barely acceptable, notably thanks to to the celebration of Mother's Day.
the behavior of sales in the celebration On Mother's Day by Fenalco Santander, 55% of traders reported an increase in sales, compared with 40% up to 30%.
For its part, in the top five In 2018, retail sales in the city grew 4.2%, being the second city with the highest sales among the cities badyzed.
"Among the events that influenced the performance of the trade for this time of the year, there was, on the one hand, the celebration of anniversaries," special days ", trasnochones and anniversaries. Other promotional strategies of large-format stores that have upset the market.These have boosted consumer purchases, although this type of strategy leaves very low profit margins.But the good result has also been the reduction in the number of stores. Inflation so far this year, which allowed consumers to cover some of the other expenses such as property tax payments, "said Alejandro Almeyda Camargo, executive director Fenalco Santander. In the country, the sector is also revitalized
In the national total of retail sales increased by 5.9%, according to the sample Dane.
The behavior explains main the growth of freight lines Computer and telecommunications equipment for personal or domestic use (25.6%), food (food in general) and non-alcoholic beverages (7.2%)) and motor vehicles and motorcycles ( 7.7%), which experienced higher promotions, advertising strategies and store openings in May 2018.
In addition, two sectors posted losses. The trade in spare parts, parts, accessories and lubricants for vehicles is the one that had the most negative figures, down 4.8% compared to May of last year and the sale of products Pharmaceuticals and Medicines -0, 2.
With regard to the behavior reported by the Dane compared to the first five months of the year, the entity reported that the retail trade recorded a growth of 5.6%,
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