AUSTRIA: RETAIL SALES UP

Article Abstract:

For the first time in five years, retail sales increased in Austria in the first half of 1999. However, only large retail chains, shopping centres and best locations profited from the 1.9% growth. Turnover of small specialist shops fell by 1%. Among specialist traders, largest growth was recorded in the sales of sports articles (9%) as well as for drugstores (5%) and perfumeries (4%). Sales of hardware and domestic appliances as well as those of leather goods decreased by 4% each. In 1999, total retail sales are expected to increase from Sch 595bn to more than Sch 600bn.

Sporting Goods, Bicycle Stores, Sporting Goods Stores, Hardware Stores, Bicycle stores

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Austria: Austrians' lust for shopping unchanged

Article Abstract:

Though smaller and medium sized businesses may have some problems, larger businesses are doing well in Austria. Unlike in Germany and the US, Austrian consumers do not seem to have been put off by world events, according to the institute for further education (Institut fur Hohere Studien). . . In Germany, Shulz of the Green Party is amongst those hoping for permission to extend shop opening hours in order to boost trade. However, Austria is cautiously optimistic about the coming Christmas trade but no further discussions about longer opening hours are envisaged.

Germany, Personnel administration, Retail industry

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