News | 2020 in lockdown

Back

Spanish DIY retail sales increase by 71 per cent in the second quarter

The Spanish hardware and DIY retail grew by 59.8 per cent in the second quarter 2021.

The Spanish hardware and DIY retail grew by 59.8 per cent in the second quarter 2021.

Growth rates of large format DIY retailers, traditional trade, total. Source: AECOC

Growth rates of large format DIY retailers, traditional trade, total. Source: AECOC

Hardware and DIY retailers in Spain increased their sales by 59.8 per cent in the second quarter of the year as compared with the same period in 2020. The Spanish association AECOC attributes this high growth rate to the statistical base effect also, as most businesses not deemed to be essential were closed for weeks a year ago on account of the pandemic. Sales are nonetheless 25 per cent above the corresponding level in 2019.

The increase in 2021 as compared with 2020 is particularly large in the case of home improvement stores. Sales here are up by 70.8 per cent, although they were also closed for longer in 2020 than many speciality stores, which were permitted to remain open with a retail area of less than 400 m². Growth in the speciality trade in the second quarter is 21.3 per cent.

"The sector maintains the good figures recorded since the reopening of the establishments, this time boosted by the good results of the garden campaign and summer products," says Alejandro Lozano, who is responsible for hardware and DIY at AECOC. "It is to be expected that growth will slow down in the second part of the year, due to the comparison with the exceptional results achieved in the second half of 2020."




|22 July 2021 | 12:13

SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

75th National Hardware Show in October

The 75th edition of the National Hardware Show, which was postponed due to the coronavirus pandemic, is now to take place from 21 to 23 October 2021 View news...

French garden market down 14 per cent in July compared with last year

Sales in the French garden market were down by 14 per cent in July as compared with July 2020, when consumer shopping was influenced by the pandemic. View news...

Bunnings subsidiary Adelaide Tools to become Tool Kit Depot

Bunnings announces that Adelaide Tools will become Tool Kit Depot, positioning the professional tools business for expansion into Western Australia View news...

Mr. Bricolage records 19 per cent increase in sales in the first six months

The French franchise group Mr. Bricolage had sales totalling EUR 1.2596 bn in the first half of 2021. Compared with the same period last year, which View news...