Retail in Asia

In Trends

Supermarket sales in Taiwan up almost 10pc in March

Sales posted by supermarkets in Taiwan rose almost 10 percent year-on-year in March, outperforming the retail sector as a whole, because of the expansion of their retail networks, according to the Ministry of Economic Affairs (MOEA).

Efforts to promote fresh food in their stores also boosted supermarket sales compared with the same month a year earlier, the MOEA said.

In a monthly report on the sales of the wholesale, retail and dining sectors in Taiwan, the MOEA said supermarkets saw sales of TWD14.8 billion (USD458 million) in March, up 9.2 percent from a year earlier, while the overall retail sector’s revenue rose only 1.1 percent year-on-year to TWD319.6 billion.