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...
The pandemic had a significant impact on retailing in Israel, with essential grocery retailers, especially discounters and traditional grocery retailers, and health-related channels such as drugstores/parapharmacies witnessing dynamic growth in 2020, as Israelis stocked up on supplies for home consumption during the various lockdowns. Retailing...
The pandemic continued to have a strong impact on sales in 2021, leading to continued current value growth albeit at a slower rate than in the first year of the pandemic. This is largely due to the travel and mobility restrictions which meant that consumers working from home were able to save money and indulge themselves through purchases...
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...
The recovery of retailing in 2021 was impressive but totally correlated to GDP growth of over 6% in France in the context of a return to a greater degree of normality since the spring of 2021, acceleration of the vaccination programme in August, ongoing strong growth of e-commerce and ongoing limited expenditure on services most notably travel...
After seeing higher than average growth in 2020 due to the COVID-19 pandemic, overall retailing maintained a similar current value performance in 2021. Grocery retailers performed particularly well in 2020. Life was more concentrated at home, with working from home, less travelling and less eating out, which resulted in increased demand for...
Retailing continued to perform well and will retain solid growth in 2021 despite the COVID-19 pandemic continuing to significantly affect Austria. The economy continued to suffer under low tourism (especially from long-haul destinations), which led to reduced spending in non-essential retailing categories. Retailing in Austria report...
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....
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...
In 2021, the Nigerian economy gradually recovered from the effect of the pandemic. The economic impact of the pandemic was exacerbated by a sharp decline in the price of crude oil – Nigeria’s main export – which led to a decline in the foreign-exchange value of the naira, resulting in increased import costs. The early months of the pandemic...