The Three Kings gifts are approaching and the shops are more positive than at Christmas. An increase in sales is expected for this new festive date.
Three Kings’ Gifts: businesses expect sales with an average price of $17,000
The president of the Federation of Commerce and Industry of the city of Buenos Aires (Fecoba)Fabián Castillo said that businesses have a positive expectation for Three Kings’ Day sales, and stated that they seek to encourage the sale of toys from the national industry.
In statements to Telam Radiomaintained that the markets are waiting sales with a average price of $17,000.
The hope of businesses for Kings according to Fabián Castillo
“We have been surveying commercial and productive issues, in the last one we did last week regarding the expectations for this Three Kings’ date was positivepractically more than 60% saw that it was going to be equal to or higher than last year,” said Castillo.
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Situation. The change of Government, the devaluation and higher inflation affected the level of activity of businesses in one of the traditional periods of greatest demand of the year.
Besides, he pointed that “from Fecoba we come encouraging and supporting the national industry and specifically the toy industry; “This industry is value-added and has a key factor in the productive value chain, from industrialization to commercialization, in these times,” he stressed.
Fecoba’s support and encouragement for merchants
In this sense, he claimed: “We are always promoting and supporting from Fecoba so that the local neighborhood commerce that is in the open-air shopping centers works together with the Chamber of the Argentine Toy Industry so that together they can move forward in this.”
“This date is practically what closes the cycle of Christmas and Three Kings as a fundamental part to then carry out the next few months that are more recessive and then encounter the school sale,” he added.
The demand of society and the “help” of the Government
In this sense, he hoped in what “people can have enough money to be able to buy these items”, and maintained the need for the national government to be able to continue financing plans “not only in the toy sector”, but also in others “such as the clothing and footwear sector”.
“We see well that you can work from this place and promote always local commerce”, concluded Castle.
Source: Ambito
