Real: sector development in
the food retail business
With growth of about 2 per cent, German food retail mirrored the overall positive development of the German retail sector in financial year 2015/16. As food prices increased only slightly over the year, food retail also recorded price-induced growth of about 1 per cent, with the continuously favourable economic environment and above-average growth of private consumption also bolstering the sector. At the same time, the strong inflow of immigrants is leading to higher demand for food.
In store-based retail, small supermarkets with a selling space from 1,000 to 2,500 square metres again recorded the strongest growth. Large supermarkets registered sales growth in line with overall food retail. While the e-commerce-business continues to play a subordinated role in food retail, it is growing at double-digit rates.