Local Belgian shops have higher turnover

12th August 2008, Comments 0 comments

Consumers on a tighter budget are turning towards smaller local shops for their weekly shopping.

12 August 2008

BELGIUM – Sales at smaller local shops were higher-than-usual in the first half of 2008.

Unizo, the Flemish small business and self-employed association, attributes the trend partly to high fuel prices and a lower purchasing power.

The corner/independent shops and small local branches of the supermarket chains had 10 percent more customers in the first half of 2008, compared to the same period the year before.

The turnover increased by 8 percent in the first six months of the year.

Shoppers are also spreading their grocery shopping out more.

Luc Ardies of Unizo explains that the historically high fuel prices have contributed to the popularity of the local/corner shops.

"People chose to go to their local shop rather than driving endless kilometres to go to a big supermarket," says Ardies.

People have also changed their shopping behaviour: they buy less at one time and are less influenced by marketing strategies which try to encourage extra buying.

[flandersnews.be / Expatica]

For more Belgian news, please go to http://www.expatica.com/be/articles.html.

0 Comments To This Article