Cold And Flu Remedy Sales Dip 55% In Past 12 Weeks
According to a report released by retail analysts Kantar, retailers have reported a 55% drop in the sales of cold and flu remedy products in the past 12 weeks compared to the previous year.
Included in the study was an analysis of Irish shopper's shopping habits since the beginning of lockdown, as well as changes in market share.
All common cold and flu remedy products saw sales decline, as the sale of cough syrups and lozenges also declined, by 60% and 42% respectively.
The drop in sales of cold and flu remedy products comes in response to a decline in seasonal infections across the world, with the typical surge of influenza as a result of winter diminished this year due to lockdown measures.
© 2021 Checkout – your source for the latest Irish retail news. Article by Conor Farrelly. Click sign up to subscribe to Checkout.