Valencian Community We lost nearly 3,000 stores last year behind cost increase due to inflation. Valencia President Rafael Torres Konfecormerç And Spanish Trade Confederation (CEC) announced this morning: energy costs increased by 27.6% and salaries increased by 17%. The businesses suffering the most are those run by self-employed individuals (long-standing family stores) and the biggest chains are the big chains It is stealing market share from department stores with multi-brand products (like Inditex). Moreover, 500 stores closed in the last year online.
Reducing working hours
Small business employers’ association warned risk The government’s proposed reduction of the working day from 40 hours a week to 38.5 hours in 2024 and 37.5 hours in 2025 does not mean a decrease in salary. towers He requested that this reduction in working hours be distributed over the whole year and not on a weekly basis as the Government would do. The traders’ representative explained that 83% of the Valencian industry found this inadequate because the change, as currently proposed, would force an increase in staff and many companies do not have the capacity. Torres argued that It makes more sense to make this discount throughout the year. thus periods of hard work (e.g. black friday or Christmas campaign) and other off-peak periods (such as August) when stores operate with fewer staff or stay open for shorter periods.