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In 2015

Employment and turnover in the large–sized commercial units located in the Autonomous Region of Madeira increased

In 2015, there were 84 retail trade establishments in the Autonomous Region of Madeira classified as large-sized commercial units (83 in 2014), 65.5% of which dedicated to the non retail sale of food (or without predominance in retail sale of food) and the remaining specialised in the retail sale of food (or with predominance in retail sale of food). Please note that a substantial share of these units belonged to enterprises located in Mainland Portugal.

In 2015, Madeira’s large-sized commercial units employed 2.7 thousand persons - up by 8.4% from 2014 (2.4 thousand persons in 2014) -  the majority of which (69.0%) working in food retail. There were more women (71.4%) than men employed in the sector, both in the retail sale of food (72.2%) and in the non retail sale of food segment (69.7%). 

This sector generated a turnover of 391.6 million euros in 2015 (up by 11.2% from 2014), 99.8% of which coming from the sale of goods and the rest from services to customers. 72.4% (282.9 million euros) of the total amount of sale of goods (390.8 million euros) derived from the food retail, of which 82.2% (232.4 million euros) came from the sales of “Food products, beverages and tobacco”.

In 2015, sales coming from own-brand products reached 139.8 million euros (129.2 million euros in 2014), 59.4% of which coming from the retail sale of food.

Concerning the means of payment used, the available data show that cash payments were the most frequent in the retail sale of food (50.1%). In the non retail sale of food, the debit or credit card were the preferred means of payment (61.9%).

The preliminary results for 2015 of the Integrated Business System Accounts – which refer only to enterprises headquartered in the Autonomous Region of Madeira – show that, in the year of 2015, there were 3,564 enterprises operating which generated 1.5 billion euros of turnover and concentrated 11.8 thousand jobs.

 

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