Hashtag: #RetailSalesIndex
Retail Sales Rise 0.8%, Liquor Sales Up 25.5%
According to statistics just released, retail sales in September 2012 increased 0.8% [or $0.6 million] above the $81.9 million recorded in September 2011, with sales from liquor stores increasing 25.5%. Food sales jumped 10.9%, and the report said sales for both sectors were influenced by the Labour Day Holiday and preparations for the passage of Hurricane... Read more of this article
August Retail Sales Rise 0.5%, Liquor 19.6%
Retail sales in August 2012 rose 0.5% above the $84 million recorded in August 2011, with liquor stores leading the way with a 19.6% jump in sales. The report attributes the jump in liquor sales to the Cup Match Holiday. Residents returning to the Island declared overseas purchases of goods valued at $7.1 million during August 2012, which was 5.3% —... Read more of this article
July: Retail Sales Rise 6.2%, Vehicles 64.2%
[Updated] Retail sales in July 2012 rose 6.2% or $5.5 million above the $89.8 million recorded in July 2011, with motor vehicle retailers experiencing the largest increase at 64.2%. Residents returning to the Island declared overseas purchases of goods valued at $5.2 million during July 2012, 1.9% or $100,000 less than the $5.3 million declared in... Read more of this article
Retail Sales Rise 0.5% In June 2012
According to the latest Retail Sales Index released by the Department of Statistics this morning [Aug 20], total retail sales in June 2012 rose 0.5%. Liquor stores showed an increase of 9.5%, food stores increased 8.7%; retailers of furniture, appliances & electronics reported an increase of 4.9%.During the same period, sales for tourist-related... Read more of this article
Retail Sales Rise 0.7% In May 2012
Total retail sales in May 2012 rose 0.7%. Consumers spent $83.2 million on retail goods representing an increase of $0.5 million year over-year. Liquor stores, all other store types, and building material stores all registered increases in sales. In contrast, motor vehicle dealers, apparel stores, service stations and food stores reported lower sales... Read more of this article
Retail Sales Fall 4.5% In April 2012
Total retail sales in April 2012 fell 4.5%, according to statistics released this morning [June 21] by the Department of Statistics. Consumers spent $82.3 million on retail goods representing a decrease of $3.9 million year-over year. All sectors experienced year-over-year declines with the exception of building material stores which reported a marginal... Read more of this article
Retail Sales Rise 1.9%, Liquor Sales Up 15.4%
Retail sales rose 1.9% in March 2012 to an estimated $85.6 million, with liquor sales showing the strongest increase at 15.4%. In contrast, motor vehicle dealers reported the largest decline in sales of 21.7%. Returning residents declared overseas purchases of goods valued at $3.6 million during March 2012. This was 16.3% lower than the $4.3 million... Read more of this article
Retail Sales Rise 0.2%, First Since 2008
According to statistics released this morning [Apr.12], retail sales edged up 0.2% in February 2012, marking the first month of positive sales since December 2008. Consumers spent $70.3 million on retail goods representing a marginal increase of $0.1 million when compared to February 2011. Among the retail sectors, sales of building materials were... Read more of this article
Retail Sales Drop 2.3%, Car Sales 29%
In January 2012 local retail sales fell by 2.3% to $73.0 million, according to statistics released by the Department of Statistics this morning [Mar.21.]. Retailers of building materials registered the largest gain in sales of 10.7%, and on the opposing end motor vehicle sales had the strongest dip in sales of 29.3%. There were 38 fewer cars sold in... Read more of this article
Retail Sales Drop In December
Bermuda’s retail sales slumped by almost four percent on an inflation-adjusted basis in December, with new car sales registering a 35 percent drop. Local retail sales totalled $105.7 million during December, 2011. This represented a decrease of 0.8 per cent or $0.9 million less than in December, 2010. Sales activity increased in five of the seven... Read more of this article
November Retail Sales Drop 2.7%
Local retail sales decreased by 2.7% while overseas purchases declined 25% in November 2011, according to a report released by the Department of Statistics this morning. During November 2011, consumers spent an estimated $81.5 million on goods and services in the retail sector, a decrease of $2.3 million less [-2.7%] than November 2010. Sales of building... Read more of this article
Retail Sales Drop $4.9 Million
Retail sales for the third quarter of 2011 [July, August and September] were estimated at $257.3 million – a $4.9 million decrease when compared to the third quarter of 2010. According to data released this morning [Jan.5] by the Department of Statistics three of the the seven retail sectors recorded increases in sales: service stations, apparel... Read more of this article
