5 reports

Lockdown as a result of the pandemic negatively affected most areas of retailing at the end of the review period. Mandated to close during the national lockdown retailers were hard hit. Furthermore, economic uncertainty and declining consumer disposable incomes led consumers to become more budget conscious, limiting their spending to essential...

  • Retail
  • Lithuania
  • Online Retail Sales
  • Retail Revenue

Variety stores remained the only channel within mixed retailers in 2021. This channel includes a wide range of consumer goods, from clothing to electronics and food products. During 2020 and the start of 2021, variety stores were mandated to close during the lockdown, as a result of which they incurred significant losses in value sales. However,...

  • Retail
  • Lithuania
  • Labour Utilisation
  • Disposable Income

Evolving Dynamics in the Luxury EV Space will Push OEMs to Look into Innovative Integration of Services and Experience as a Revenue Stream in the Future Stringent emission regulations have pushed luxury OEMs to electrify their offerings to adhere to the standards. Although battery electric vehicles and plug-in hybrids...

  • Electric Vehicle
  • Europe
  • North America

In-store Digitization and Innovative Store Formats to Transform Dealership Experience, Poised to Enhance Customer Interactions and End-to-end Purchase Process Electric vehicles are disrupting the industry with their unique value proposition. This has led various luxury OEMs to focus on expanding their EV...

  • Electric Vehicle
  • Europe
  • North America

Variety stores retailing is the only channel representing mixed retailing in Hungary, as department stores were closed during the period 2007-2016. Mass merchandising and warehouse clubs have never been tried within Hungarian retailing and there are no short-term plans for opening such retailing concepts. The once-popular independent variety...

  • Retail
  • Grocery Store
  • Hungary
  • Retail Revenue
  • Disposable Income