China’s demand for Retail has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and...
Retailing in Bosnia and Herzegovina remained affected by the political and economic situation in the country. Bosnia and Herzegovina ended 2021 in its biggest crisis since the Balkan Wars, 2022 is awaited with great uncertainty. Bosnia and Herzegovina is deeply divided and facing the biggest political crisis since the signing of the Dayton...
Retailing as a whole benefitted from the easing of COVID-19 restrictions in 2021, with healthy current value growth, following from a slight decline in value sales in 2020. The economic recovery from the pandemic played a key role in boosting value sales, as did an element of pent-up spending, as consumers splurged on items such as beauty...
The impact of restrictions was not consistent across all channels within retailing in Singapore. In 2021, strict movement restrictions resulted in a decline in retail salespeople. Malaysian staff members are commonplace in several retailing channels, including traditional grocery retailers. Singapore is also highly dependent on tourists, and...
In 2020 and strongly conditioned by the emergence of the pandemic and subsequent restrictions introduced by the local government to control the spread of the virus, the strong performance of channels such as grocery retailers, e-commerce or home improvement and gardening stores was not enough to counter the poor performances recorded by the...
There was polarisation being observed within grocery retailing in Russia in 2021. On the one hand, there was increased consumer demand for high-quality groceries, a high level of service and modern technologies, as seen in Perekrestok, Magnit and Lenta outlets. On the other hand, discounters with wide ranges of economy products, such as Svetofor...
The pandemic in Brazil led to a steady increase in the number of daily cases and deaths, reaching a peak in early 2021 with more than 4,000 deaths per day. With little guideline and policies established centrally by the federal government to tackle the pandemic, most quarantine rules imposed in an attempt to control the spread of the virus...
Having declined sharply during 2020 due to a combination of COVID-19 restrictions and the economic shock of the pandemic, retailing constant value sales (2021 prices) rebounded strongly in 2021, exceeding their pre-pandemic peak, as pandemic restrictions were eased and the economic environment stabilised. This rebound was particularly notable...
Consumer shopping habits still favour traditional and informal retailing in Angola. Retailing was hit hard by the COVID-19 pandemic, with the economy suffering. However, with a recovering economy expected in the forecast period and the government focus on structural reforms, the outlook for modern retailing is positive. Moreover, young adults...
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...