2 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