Retail sales continue to grow
Discounters in particular are growing
As in the two previous years, food retail sales increased in 2003 according to Lebensmittelzeitung. At 1,5 percent, however, the increase is weaker than in 2002. Once again, the discounters had a significant share in the increase in sales, including fruit and vegetables. Almost the entire food retail sector has concentrated too much on the low-cost range and failed to emphasize its own range of products and services.The turnover (food and non-food) of the top 30 retailers determined by TradeDimensions/M+M Eurodata was 2003 billion euros for 216,6, which would be an increase of five percent compared to the previous year. Essentially, however, this plus is due to a new assessment basis. For the first time, the sales of the independent merchants from Edeka, Rewe and Spar were included in the total for the respective company. Adjusted for this factor, the plus amounts to 1,5 percent.