Christmas sales in Switzerland see upswing

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Christmas sales in Switzerland see upswing

Swiss retailers enjoyed a positive festive season, with some reporting solid sales growth despite cautious consumer sentiment. For Manor department stores, Christmas sales were slightly up on the previous year, a spokeswoman told the AWP news agency, without disclosing any figures. Clothing retailer PKZ reported a 5% year-on-year increase in sales, thanks in particular to solid business in its Zurich shops. +Get the most important news from Switzerland in your inbox In supermarkets, Migros reported “particularly successful” Christmas sales, while its competitor Coop spoke of “a consistently positive trend” over the period, without divulging any financial details either. Swiss Post delivered 23 million parcels between Black Friday at the end of November and Christmas, a volume 3.1% higher than the same period last year. The peak of activity was recorded on December 2. On that day, the yellow giant’s employees processed 1.3 million parcels, a figure never before achieved in a single day.

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