Tag: trade sale

Industrial production in the country fell by 3.4% in May: turnover also fell

Industrial production in the country fell by 3.4% in May: turnover also fell Industrial production in the country fell by 3.4% in May: turnover also fell

In May 2023, manufacturing output was down 3.4% from the same month in 2022, while real sales fell 2.2% and the workforce dropped to -0.1%. According to the National Administrative Office of Statistics (Danish), out of 39 industrial activities, a total of 29 recorded negative variations in their actual output, subtracting 5.5 percentage points from […]

First quarter trade sales were bad: Fenalco

First quarter trade sales were bad: Fenalco First quarter trade sales were bad: Fenalco

According to the survey, for 77% of traders, in last month their sales were equal to or lower than those recorded in the same period of the previous year, while only 23% stated that their sales had increased. According to the merchants’ association, the situation was more difficult for segments such as clothingwho, given the […]

Industrial production grew only 0.4% in February

Industrial production grew only 0.4% in February Industrial production grew only 0.4% in February

The country’s industrial production grew by 0.4% compared to February last year, while the sector’s turnover fell by 1.1% in the same month. The information published by the National Administrative Service of Statistics (DANE) indicates that of the 39 industrial activities represented by the monthly production survey, a total of 15 recorded positive variations in […]

The trade had its worst balance in the last two years in February: Fenalco

The trade had its worst balance in the last two years in February: Fenalco The trade had its worst balance in the last two years in February: Fenalco

February business sales results are the worst in the past two years, said the president of the National Federation of Traders (Fenalco), explaining that the downward trend seen since October 2022 deepened last month. “February was the worst trading month of the past two years. With this result, the industry has now had five consecutive […]

The Carnival boosts the sale of Barranquillero’s trade

The Carnival boosts the sale of Barranquillero’s trade The Carnival boosts the sale of Barranquillero’s trade

With the carnival, the sale of various branches of local trade is stimulated, especially those related to the traditional Barranquillera festival. The expected increases this season in sales at gas stations, transport, drugstores, hairdressers, bars, restaurants and spirits, among others, vary between 14% and 75%. The director of the National Federation of Merchants (Fenalco), Atlantic […]

Commerce did not start the year well: Fenalco

Commerce did not start the year well: Fenalco Commerce did not start the year well: Fenalco

“Inflation, high interest; the slowdown in job creation, which nearly cost trade 121,000 jobs since last December; They are already starting to take their toll on the sector and Colombians in general, who are immediately lowering their consumption levels,” he said. Jaime Alberto Cabalpresident of Fenalco. The union drew attention to the situation of Narino […]

The VAT-free day exceeded expectations with $10.6 billion in revenue

The VAT-free day exceeded expectations with $10.6 billion in revenue The VAT-free day exceeded expectations with .6 billion in revenue

The results of the sale of the trade in the second day without VATconducted last Friday, surpassing expectations to reach $10.6 trillion, achieving a growth of 16.6% compared to the first day in March this year. The value of sales reflects the 7.2 million transactions performed on this day via electronic invoicing that, according to […]

Olímpica opens 400 superstore in Colombia

Olímpica opens 400 superstore in Colombia Olímpica opens 400 superstore in Colombia

With the opening of the new store in the El Golf district of Barranquilla, starting on Wednesday, June 1, Olympic Superstores complete 400 points nationally and 72 in the capital the Atlantic. It is located in the Le Meridian Golf shopping center in the north of the city. The expansion plan of the company points […]

More than 300 entrepreneurs participate in the shopping center convention

More than 300 entrepreneurs participate in the shopping center convention More than 300 entrepreneurs participate in the shopping center convention

More than 300 businessmen, merchants and other professionals representing the Shopping Center sector in Colombia will meet this Thursday in Barranquilla at the CENCO 2022 convention. “At CENCO 2022, we want to focus on building the future of the industry. We will have expert national and international speakers and authors of methodologies to empower companies,” […]

Fenalco proposes to export the Day without VAT model

Fenalco proposes to export the Day without VAT model Fenalco proposes to export the Day without VAT model

Based on the good results achieved in the days without VAT in Colombia, the President of the National Federation of Traders (Fenalco), Jaime Alberto Cabal, proposed the associations and governments of Latin America to implement this model. The union leader presented the initiative during the celebration of the 35th anniversary of the Latin American Association […]

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