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CHRISTMAS

Sweden’s online retailers predict happy Christmas

A merry Christmas is likely for online retailers in Sweden, according to a survey.

Sweden’s online retailers predict happy Christmas
File photo: Fredrik Sandberg/TT

The survey asked 546 online retailers via payment and financial services companies Payson and Svea Ekonomi about their expectations for sales during this year’s festive season.

Optimism is higher than it was 12 months ago, with 31 percent of respondents expecting better sales than last year. 40 percent said they expected similar sales to 2017, while only six percent predicted a worse result than 12 months ago.

Market researcher HUI Research, which is owned by the Swedish Trade Federation, predicted earlier in the autumn retail sales totalling 79.7 billion kronor in December 2018, a three percent increase on December 2017.

Online sellers are similarly confident, according to the new survey, with almost one in four stating they expect a sales increase of between 1-10 percent in the HUI forecast.

Electronics, clothing and shoes, toys and other children’s items are among sectors expected to do well.

Smart speakers are expected to be the top-selling product this year (known in Swedish as årets julklapp), according to the answers provided by online retailers.

READ ALSO: Sweden unveils hottest Christmas gift of 2018

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CHRISTMAS

Thousands more families in Denmark seek Christmas charity

A significant increase in families have sought Christmas help from the Danish Red Cross compared to last winter.

Thousands more families in Denmark seek Christmas charity

Higher process for food, electricity, gas and fuel are being felt by vulnerable families in Denmark, driving more to apply for Christmas packages offered by the Red Cross, broadcaster DR writes.

The NGO said in a statement that more people than ever before have applied for its Christmas help or julehjælp assistance for vulnerable families.

While 15,000 people applied for the charity last year, the number has already reached 20,000 in 2022.

“We are in an extraordinary situation this year where a lot more people have to account for every single krone to make their finances work,” Danish Red Cross general secretary Anders Ladekarl said in the press statement.

“For many more, their finances no longer work, and this is unfortunately reflected by these numbers,” he said.

The Red Cross Christmas assistance consists of a voucher worth 900 kroner redeemable at Coop stores or, in some stores, a hamper consisting of products.

READ ALSO: These are Denmark’s deadlines for sending international mail in time for Christmas

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