From January until April 2021, COVID-19 related restrictions remained in place. Retail outlets were mandated by the government to close, except for grocery retailers, drugstores, pharmacies, forecourt retailers and pet shops and superstores. Retailing in Slovakia report offers insight into key trends and developments driving the industry....
The COVID-19 pandemic had a huge influence on the shopping habits of Kuwaitis in 2020 and 2021 as a big shift towards e-commerce was seen. Historically, e-commerce has struggled to gain a mainstream presence in Kuwait and this is a reflection of the strong preference among the population for shopping in stores, an activity which is widely...
Securing the future: Cybersecurity concerns are likely to rise as the industry migrates to online payments provision Abstract Payment Service Providers in the UK The Payment Service Providers industry comprises authorised payment and e-money institutions that provide systems for accepting electronic...
The emergence of the pandemic in Poland had a mixed impact on retailing in 2020, whereby consumers focused on essential goods such as food and medicine, while non-grocery specialists significantly struggled with lockdowns, and reduced footfall even when stores were permitted to reopen due to concerns over exposure to the virus, leading to...
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...
In 2021 retailing in Sri Lanka returned to positive growth after two years of decline. The bombing of April 2019 and general uncertainty linked to the elections followed by the onset of the pandemic in 2020 and government measures imposed to control its spread created an unstable environment and a reduction in consumer confidence and spending...
Broadly speaking, the country’s economy emerged from the pandemic in a far better condition than anticipated. Most consumers have not experienced significant financial problems and the country’s GDP rebounded quickly in 2021. Retailing in Estonia report offers insight into key trends and developments driving the industry. The report...
After a major slowdown in value growth in 2020 when major retailers (particularly those operating within large shopping malls) were disrupted, growth accelerated in 2021 to record double-digit value growth. There were no significant lockdowns in this year and, with COVID-19 having less impact on the country, economic conditions improved, leading...
Store-based retailing saw an impressive recovery in 2021 with this correlating with the strong GDP growth seen from the second quarter onwards. The Czech Republic saw life gradually return to normal from spring 2021 with there being no more lockdowns, while the roll out of the country’s vaccination programme in summer 2021 helped to rebuild...
COVID-19 and the resultant immediate adjustments to retailers’ daily operations remained the key driver of most changes in retailing in Hungary at the end of the review period. In 2020, retailers learned how to adapt quickly to sudden changes, such as new regulations on opening hours, lockdowns, and inventory management during stockpiling...