Crisis in German retail: Despite an upward trend, there is a risk of mass bankruptcies in stationary stores. Only the retail trade in computers and software and car dealers are seeing a slight deterioration.
In February 2024, after adjusting for price increases, retail sales fell by 2.7 percent compared to the previous year. The food retail sector is particularly affected here. Consumers there experienced immense price increases despite falling inflation rates. The Easter business is of great importance for the sector: “Retailers can rely on the Easter business especially when it comes to confectionery,” said Ifo expert Patrick Höppner.