2024-11-06 12:16:30
Business
Retail
Economy
Retail Outlook: Cautious Consumer Spending Ahead
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Tagesspiegel
Consumption: Retailers expect even less revenue than expected in 2024
Economy
The German Retail Association (HDE) is significantly revising its forecast for 2024 downwards. Only a nominal sales increase of 1.3 percent is expected. 80 percent of retailers expect many customers to shop cautiously during the Christmas business.
rp_online
Consumption: Retailers expect even less revenue than expected in 2024
Economy
The German Retail Association (HDE) is significantly revising its forecast for 2024 downwards: Only a 1.3% nominal sales increase is expected, with real zero growth. 80% of retailers expect cautious customers in the Christmas business, only 30% expect unimpaired gift purchases.
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