TORREVIEJA.com - Interactive website of the city of Torrevieja, in Alicante, Spain.: THE ECONOMIC COOLING MOVES FORWARD THE SECOND REDUCTIONS

THE ECONOMIC COOLING MOVES FORWARD THE SECOND REDUCTIONS
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Redaction on 09 January, 2008 05:02:39
 
The economic cooling that the province suffers and that was accentuated after
the end of summer is having also an important after effect on the sales that
began yesterday.
The existence of abundant stocks, especially in the textile stores, has moved
forward to first day discounts up to 60 % in small stores and in the big
distribution. The whole sector celebrates the beginning of the sales and it is
confident of improving the sales up to 5 %.
The economy has slowed down sales, especially in textile, footwear and
complements, after the summer ended. In a conjuncture that has gone partner to
the warning villains of the euríbor, increases of  mortgages, increase of 
food shopping basket  and the inflation,  from Alicante consumers have left the
purchase  of clothes for the sales.
This way, starting yesterday we can take advantage,  and without hoping for the
last weeks of  winter sales, sales that  reach up to 60 % in cases of  large
supermarkets and of up to 50 % in the so called City Commerce’s.  Although in
all cases, the sectorial management Facpyme always recommends « to read the
small letter of the cartelería and promotional publicity, since it states
reductions up to, not of 50 % of widespread form ». Facpyme and it’s
regional organization, the Valencian Confederacy of Commerce (Covaco) are sure
the expenses per person in the sales will not go down 250 euros in this
campaign, a quantity sensitively superior to 130 euros that has estimated the
Federation of Users and Consumers Independent (FUCI) for the Valencian
Community and to 119euros predicted on the average for the rest of Spain.