February 6, 2025|
AI
|10 months agoSwiss Retail Sector Records Slight Decline Despite Online Growth
Swiss retail sales dipped 0.2% in 2024, with non-food sectors struggling despite strong online performance and growth in food-related categories.
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Generated IllustrationKey Takeaways
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- Swiss retail sector experienced a 0.2% decline in overall sales in 2024
- Online shopping grew by 3.5% by end of December 2024
- Food and food-related sectors showed 1.3% growth
- Non-food sales declined by 2.6%
By The Numbers
40-50%
Market coverage of GfK Monitor participating retailers
-0.2%
Overall retail sales change
3.5%
Online retail growth
They Said
"Black Friday, which performed well in some areas, and Christmas sales couldn't make up for the losses of previous months"