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Svensk Handel
Recovery in Sight for Retail Trade
2024 has been characterized by cautious consumers. A recovery for retail is predicted for next year, but consumers' caution is likely to persist.
Black Week did not boost clothing sales
The last week of November did not give the same boost to clothing retail as it usually does. The Swedes held on to their wallets and e-commerce declined compared to last year.
Second-hand goods for over a billion
The trade in used goods continues to grow and in October, the second-hand market turned over 1. 3 billion kronor, according to new figures from Svensk Handel.
Optimism despite tough times for retail
Interest rate cuts and declining inflation make Swedish retailers look more positively on the future, according to this month's trade barometer. Future confidence is growing, particularly in the daily goods trade, but also for occasional purchase trade, it continues to rise.
Svantesson: The Consumer Has a Great Responsibility
Over half a million Swedes shopped from Chinese low-price websites in October, according to Svensk Handel. According to Finance Minister Elisabeth Svantesson (The Moderate Party), consumers have a great responsibility to shop from sites with fair terms.
Fake ID apps spread among young people: "Well-made"
The police are warning about fake ID apps. Ica recommends that stores do not accept them and Systembolaget has stopped digital ID cards.
Trade tightens security after shootings
The shooting in Kungens kurva is the latest in a series of incidents in shopping centers and restaurants in Sweden. Now, Svensk Handel is strengthening its security routines, reports P4 Stockholm.
New experiences to save future stores
The physical stores have survived both the pandemic and the recession. But how do you attract consumers in the future as well? Smart fitting rooms and secret product vending machines are some of the answers.
Mild weather slows down clothing sales
The mild weather is holding back the demand for warmer clothing and shoes, which is affecting sales negatively. .
New experiences to save the future of stores
The physical stores have survived both the pandemic and the recession. But how do you attract consumers in the future as well? Smart fitting rooms and secret product vending machines are some of the answers.
Industry Alarm: 3 out of 10 below the Poverty Line
Seven out of ten in retail trade work part-time. Three out of ten thus have such a low salary that they fall below the poverty line.
Christmas Sales Expected to Break Records
Despite the lowconjuncture, HUI expects that sales in December will set a record. Christmas trade has been very resilient even during the tough years, says William Lindquist, analyst at the industry organization.
Before Halloween – 2,000 tons of pumpkins to be picked
The interest in pumpkins is growing increasingly. So are the harvests for Sweden's largest pumpkin growers.
Widespread trade pessimism: "Not a bright prognosis"
Future confidence in Swedish trade is somewhat divided, shows the month's trade barometer. The party and daily goods trade see a slightly brighter future, while the future indicator for occasional purchase goods drops sharply.
Halloween – a billion-dollar industry
Halloween celebrations are growing in Sweden, and so are the purchases of pumpkins, decorations, costumes, and sweets. According to a survey from Svensk Handel, Halloween sales are expected to generate 1.
Swedish Trade Rejects Initiative on Part-time Employees
Swedish Trade rejects LO's initiative on part-time employees. Such an initiative would deteriorate entrepreneurs' opportunities to conduct their business, according to the trade organization.
Foreign e-commerce on the rise – the industry is worried
Swedish consumers are buying more and more from foreign actors such as Chinese Temu and Shein. A development that is worrying, according to the trade organization Swedish Trade.
Shoe Sales Increase by Five Percent
A certain increase, but not sufficient. This is how trade describes the development of clothing and shoe sales in September.
Still Insecure in Stores
Still high but at a slightly lower level. The proportion of stores in retail that have been exposed to either threats, violence or theft amounted to 45 percent during the third quarter, compared to 50 percent during the second quarter, according to Svensk Handel's recurring measurements.
Swedish Trade: No Signs of Increased Consumption
Lower inflation and interest rates are affecting retailers' views on the future in a positive direction, according to the trade organization Svensk Handel's monthly Trade Barometer. However, consumption is not increasing, according to the measurement.
Still tough for retail
Despite interest rate cuts and lower inflation, trade is not expected to pick up. The worst is expected to be for occasional purchase retail, according to HUI's business cycle forecast.
Slow in e-commerce – more choose foreign low-price
Swedish e-commerce turned over 12. 1 billion kronor in August, according to Svensk Handel's e-commerce indicator.
Many stores continue to accept cash
Fewer and fewer people pay with cash when they shop. Despite this, a large majority of stores still accept coins and banknotes, a new survey by Svensk Handel shows.
Extremely High Interest in E-commerce
E-commerce continued to move forward strongly in June, with sales of 14. 6 billion kronor, representing a 17 percent increase compared to the same month last year, according to the Swedish Trade E-commerce Indicator.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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