Praktiker bankruptcy has a negative impact on sales

For the third quarter of 2014, DIY stores in Germany recorded a fall in sales of 5.8 per cent compared to 2013, ending the quarter with total gross sales of € 13.53 bn. The negative trend was caused by the exit of the Praktiker-Max Bahr Group from the market. Like-for-like sales in the sector increased by 6.4 per cent, and a comparison with the previous year of the overall trend of companies in the sector minus the Praktiker Group reveals growth virtually into double figures at 9.8 per cent. The latest market figures were released by the industry association BHB.