In 2018, retailing continued to record a positive performance. An increasing number of incoming tourists, ongoing successful promotional campaigns and outlet investments by leading retailers, and the increasing popularity of modern store-based channels and non-store retailing remained key factors behind the positive performance. Nevertheless,...
With declining unemployment and growing household spending, the retail landscape in Slovakia continued to post stable growth in 2018. In addition to positive macroeconomic indicators, rising competition among retailers, translating into more frequent promotions, contributed to growth of overall retailing sales. In light of the increasing appetite...
Retailing in Germany remained on a steady growth path in 2018, even slightly exceeding the value CAGR of the entire review period. This growth development continues to be supported by a stable economic climate and high consumer confidence. Furthermore, unemployment has remained low, resulting in an increase in spending as more money has found...
After years of decline, in the context of the recession, retailing posted an increase in values sales in 2017 and again in 2018. Grocery retailers is driving growth, with the previous Carrefour-Marinopoulos network acquired and operated by Sklavenitis. This has helped bring stability in modern grocery retailing. Hypermarkets posted an important...
The Japanese retailing market maintained a trend of marginal current value growth in 2018. Consumer confidence remains low despite a stable economic environment, as the outlook is affected by an ageing and declining population. The younger generation is particularly pessimistic about Japan’s economic outlook, and younger consumers tend to...
In 2018, the recovering Russian economy continued to demonstrate stabilisation and signs of possible future improvement. According to Euromonitor International data, inflation was lower than in 2017, and real GDP growth continued to show a moderate increase. However, these economic indicators did not necessarily translate into the improved...
Sweden’s economy has continued its recovery in 2018, with stronger GDP growth than in 2017, falling unemployment and rising wages, with disposable income further boosted by tax cuts. Despite these positives retailing in Sweden has continued to record only moderate value growth in 2018. Consumers remain cautious due to the decline in housing...
Demographic factors are exerting a significant influence on the development of retailing in Bulgaria. An overall decline in the population, driven primarily by the emigration of the young adult and middle youth segments in search of economic opportunities, is leading to the contraction of retailers’ potential consumer base. Moreover, the issue...
Retailing in Portugal, Market Shares, Summary and Forecasts to 2022 Summary Portugal’s real GDP is projected to grow from €179.2 billion in 2017 to €193.3 billion by 2022 growing at 1.5% CAGR during 2017-2022. The growth is attributed to rising domestic demand, private consumption, declining unemployment...
Retailing in Finland, Market Shares, Summary, and Forecasts to 2022 Summary Finland’s real GDP is expected to grow from €221.9 billion in 2017 to €241.2 billion by 2022, registering a CAGR of 1.7% during 2017-2022. The country is projected to register growth on the back of growing investments, improving...