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German retail has grown despite pandemic

Mon 18/07/2022 by Richard Wilkinson

In spite of the devastating impact of the COVID-19 pandemic, revenues from retail sales in Germany have grown continuously since 2019, according to a USDA report. In 2021, the German retail sector recorded over €618 billion in sales revenues. Retailers benefitted from higher consumer spending for premium food products, while food service businesses suffered from low hospitality and catering demand during the series of lockdowns put in place. The importance of e-commerce continues to grow, with online supermarkets now flooding the market in Germany’s major cities.

 

 

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