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High Street Sales Increase as Online Retailing Slows Down
Thanks to increased sales pressure during the summer, confidence in retail and wholesale trade is increasing for the next three months. At the same time, it is decreasing for e-commerce, according to the Swedish Trade Federation's latest trade barometer.
Online Shopping Increased in May
E-commerce increased by 29 per cent in May compared to the same month last year and amounted to 14. 9 billion kronor, according to the Swedish Trade e-commerce indicator.
Billions of kronor worth of goods are stolen every year in retail
Every year, 8. 5 billion is stolen in the retail sector, a 20 per cent increase since 2021, according to a report from the Swedish Trade Federation.
Warm May weather boosted clothing sales
The sale of clothes and shoes increased in May, according to the Swedish Trade Style Index. Clothing sales increased by 4.
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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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