Showing posts with label sees hefty. Show all posts
Showing posts with label sees hefty. Show all posts

Friday, November 26, 2010

Promotion month sees hefty sales revenue

Customers inspect water melons at Big C Hoang Van Thu store. Retail outlets in HCMC have reported stronger sales since the 2010 Big Sale promotion started early this month - Photo: Minh Tam
HCMC – Supermarkets and shopping centers in HCMC have reported an upsurge in sales from last year since local government launched the 2010 month-long sales promotion early this month.

Most retailers reported revenue growth of between 20% and 100% in the first half of September while the number of shoppers was also higher. Sales revenue of Co.opMart stores leapt 30% while Zen Plaza, Vissan and Fahasa soared 100%, 23% and 20% respectively.

Retailers reported August sales rises of 5% to 20% but early this month their sales rocketed 30% to 200% depending on areas as the Big Sale program started in coincidence with the long National Day holiday.

Sales at Nguyen Kim and Thien Hoa electronics supermarkets grew 200% on September 2.

Retailers said at a meeting with the city’s Department of Industry and Trade last week that the increased publicity for the promotion had contributed to the success.

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