Rising incomes and urbanisation are broadening the appeal of modern retailing, with more consumers able to access these channels. However, informal retailing remains strong, while poor infrastructure hinders retailing development. Younger consumers increasingly search online, benefiting e-commerce and social media marketing. Growth will benefit...
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...
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 continued to exert a very strong influence over Malaysia’s retailing industry during 2021. The most important factor to take into consideration is that a strict and extended quarantine lockdown was imposed upon the population in response to the third and fourth waves of the pandemic and the presence in the country of...
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 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...
This report analyses the market for retailing in Oman. For the purposes of the study, the market has been defined as follows: Retailing in Oman report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters,...
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...
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...
Having declined during 2020 due to disruption arising from COVID-19 and the economic shock that it engendered, retail constant value sales (2021 prices) saw a partial recovery in 2021. Like 2020, 2021 was marked by a significant divergence in performance between grocery retailers and non-grocery specialists. Retailing in Mexico report...