The BOE re-sows the confusion. One of its most recent resolutions seemed to prohibit sales in physical stores, despite warnings from the sector that this could be the highlight for its sales in the midst of the coronavirus crisis. However, it is so ambiguous that large stores cling to it and claim to be prepared to receive discounts in their physical establishments.
This has been confirmed since Anged (National Association of Large Distribution Companies that includes retail giants such as El Corte Inglés, Tendam and MediaMarkt) when consulted by Bolsamanía.
"Our stores are mostly closed, if they could open, they have plenty of capacity to control the maximum capacity and the minimum distance for a safe purchase ", they have assured.
And is that the second additional provision of the BOE gives rise to the interpretation: "Establishments may not advertise or carry out commercial actions that may give rise to crowds, both within the commercial establishment and in its vicinity."
At no time are sales vetoed in physical establishments openly. We only talk about the "restriction on commercial actions resulting from crowds". If from the big stores they affirm that they can ensure a safe purchase: Will there finally be discounts in physical stores or not?
From Anged they also lament that the reopening of large establishments in Spain goes so slowly compared to the rest of Europe. In France they have already started to open all their stores and in Italy it is expected that all stores will open from next May 18.
The textile sector as a whole sees as a great contradiction that the Government comes to prohibit sales in physical establishments at the same time that they are required to have a capacity limit and maintain a minimum safety distance between customers.
Acotex, the textile employers' association, indicates that the Ministry of Industry, Commerce and Tourism has sent a query to the Ministry of Health on the matter. For the time being, they tell him that "this provision should not be interpreted in the sense in which they are restricted and therefore prohibit sales or promotions in themselves." To carry out this veto, the Government would need to modify the Retail Trade Management Law, something that has not yet taken place.
LONG TAILS WING INDITEX AND REASON FOR GREAT TRADE
Inditex more than 5% have shot up this Tuesday before the queues in their stores Zara of France, after the measures of lack of confidence announced by the French Government. The company founded by Amancio Ortega It has been unmarked as the most bullish value of the Ibex, since investors hope that it will be one of the textile chains that can best overcome the crisis.
Social networks did not take long to echo the large queues that have occurred throughout the morning at the company's flagship store. The size of the rows was largely due to Zara customers waiting to enter while respecting the safety distance.
. (tagsToTranslate) Will there be (t) sales (t) physical stores (t)? (t) big (t) commerce (t) ensures (t) allows (t) Category: All (t) Category: Market Report (t ) Category: Company News (t) Category: Economic News (t) Category: Personal finance (t) Category: Political News (t) Category: Pulsos (t) Category: Market Pulse (t) Category: Sectorial: Retail Trade