ING predicts that the ''malaise on the shopping street'' is not yet over
10 months ago

ING predicts that the ''malaise on the shopping street'' is not yet over

NL Times  

The "malaise on the shopping street" has not yet ended, despite consumers' increasing desire to make purchases, according to ING economist Katinka Jongkind. Retail sales were down three percent last year, and they will probably drop another 0.5 percent this year, Jongkind expected. "Supermarkets will lose over 1.5 billion euros in turnover due to the tobacco sales ban that comes into effect on July 1st," she calculates. According to ING, the times that online stores showed robust growth are now "a thing of the past."

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Tobacconists see turnover spike after cigarette ban in supermarkets
4 months, 2 weeks ago

Tobacconists see turnover spike after cigarette ban in supermarkets

NL Times  

Now that supermarkets are no longer allowed to sell tobacco, tobacco shops' turnover has already increased by more than 40 percent this year, according to NSO Retail, the trade association for entrepreneurs with tobacco shops. According to research by TabakNee, a research website of the Youth Smoking Prevention Foundation, more than a hundred new tobacco shops have opened in the …

Dutch stores selling less, but making more due to price increases
1 year, 4 months ago

Dutch stores selling less, but making more due to price increases

NL Times  

Retailers in the Netherlands saw an 8.1 percent increase in revenue compared to the same month a year earlier. Shops selling food and beverages saw their turnover increase by almost 11 percent last month compared to a year ago. Supermarket revenue was 12 percent higher, and the turnover of specialty stores increased by 2.5 percent. Clothing stores, drugstores, recreational goods …

Consumers in Netherlands are spending less on shopping but more at restaurants
1 year, 5 months ago

Consumers in Netherlands are spending less on shopping but more at restaurants

NL Times  

People in the Netherlands are spending less on shopping but more at restaurants, NOS reported on Friday based on an analysis of ING customers' debit card payments in the second quarter of this year. Total spending by ING customers, including debit card transactions, cash withdrawals, and internet payments, increased by nearly 2 percent compared to the first quarter. However, It …

Dutch government outlaws supermarket cigarette sales from 2024
4 years, 1 month ago

Dutch government outlaws supermarket cigarette sales from 2024

NL Times  

From 2024, supermarkets in the Netherlands will no longer be allowed to sell cigarettes and other related products, the Dutch government confirmed on Friday. Tobacco products will no longer be sold in vending machines starting in 2022, and online tobacco sales will be forbidden the year after. After 6,400 supermarkets halt tobacco sales, only six thousand retailers will sell the …

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