Sales in Spring Festival Reach a New Height

According to Analysis of Consumer Market in 2016 Spring Festival issued by Wuxi Commercial Bureua on Feb. 13, the sales of life necessities remain stable, while the sales of specialties grow obviously and mass catering is extremely welcomed. From Feb. 7 to 13, 67 retail stores and restaurants earn 581 million yuan with 3.12% year-on-year growth.

Since citizens usually purchase necessities in the week before the festival, turnover of food wholesale markets and supermarkets comes to its summit 10 days before the new year. According to the restaurant association, in the 7 days, over 11000 tables are reserved in 22 important catering enterprises with 3.7% year-on-year increase. Sales growing rate of 30 specially supervised large-scale restaurants breaks the record for the past 3 years with 10.18% year-on-year growth. Sales of hotels including Worldhotel Grand Juna Wuxi, Platinum Hanjue Hotel, Idea Garden Hotel increase by over 50%, and farm hose in Yixing also attract visitors from Wuxi and other cities.