Dutch home im­prove­ments fuel sale surge

Arab News - - Business News -

Re­tail sales in the Nether­lands in­creased at the fastest rate in 14 years in May, as a par­tial lock­down fu­eled a run on home im­prove­ment and in­te­rior de­sign. Turnover in Dutch stores was up 8.2 per­cent from the year be­fore, the na­tional sta­tis­tics of­fice said on Tues­day, of­fer­ing a bright spot in what looks set to be­come the worst quar­ter on record for the Dutch econ­omy. Though stores stayed open with so­cial dis­tanc­ing rules, cafes, restau­rants and other pub­lic places in the Nether­lands were shut from mid-March un­til June to con­tain the coro­n­avirus, while peo­ple were urged to work from home as much as pos­si­ble.

Many seemed to find time for im­prove­ments, send­ing sales at do-it-your­self stores up 29 per­cent in May, af­ter an al­ready record-break­ing 26 per­cent in April. Reuters

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