Retailers attribute the improvement in part to rising prices, rather than increased sales volumes.
March's figures showed overall food sales increased by 6%, compared with the same period three years ago, while the non-food category was down by 3.9%.
"The other thing we see is quite a big gap between food and non-food. That tends to imply people are spending more of their money on essentials, and a lot less on the kind of more frivolous things, and that's quite concerning. This was the sector that wasn't just hit hard by Covid, but was already struggling due to structural change. So it was never likely to be a full recovery, but an acceleration of existing trends and new business shapes emerging.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
'Travel has rebounded far quicker than analysts expected': Passengers cheered the end of masks on flights, but they won't be cheering these pricesRecent consumer price data released by the federal government showed that the price of plane tickets had risen 10.7% between February and March on a seasonally adjusted basis. Those higher prices aren’t scaring people away.
Leer más »
Chicago crime snapshot shows violence increasing from pre-pandemic levelsIn Chicago, mass shooting data obtained by the I-Team from Gun Violence Archive shows a sizable jump in mass shootings
Leer más »
9 Ways The Pandemic Has Changed Marketing And MarketersTo better understand how the pandemic has changed marketing and marketers, I sought insight from 9 C-level executives.
Leer más »
American Airlines Resumes Inflight Alcohol SalesFort Worth-based American Airlines will resume alcohol sales and service aboard flights on Monday after the pandemic put them on hiatus for more than two years.
Leer más »
Jamie Lloyd’s Minimalist Hip-Hop “Cyrano de Bergerac”.Alex_Lily reviews the director Jamie Lloyd’s dazzling, contemporary take on “Cyrano de Bergerac,” which has finally arrived at BAM, after a celebrated pre-pandemic run in London.
Leer más »