German retailers set for worst downturn since WWII

German non-food retailers will see sales drop by around 22 percent this year if there is no second wave of coronavirus infections, putting the sector on track for its worst downturn since World War Two, the HDE association said on Wednesday.

Including food, retail sales will fall by 4% year-on-year, the HDE retail body said, highlighting the diverging fortunes of food stores – which stayed open during more than five weeks of lockdown imposed to contain the coronavirus – and non-food retailers that temporarily closed.

The pandemic has drastically changed consumer habits as many, fearful of catching the virus, prefer to buy online rather than venture out to stores.

The HDE said that during March, April and May, expenditure per shopping trip at stationary retailers fell by 10% while it rose by 20% online.