Internet retailing continued to outperform all other retailing channels in Norway in 2018 as internet literacy is high in the country and the channel’s payment methods are considered secure, with new alternatives also emerging, such as the money transfer app Vipps and Apple Pay. However, there are growing concerns throughout the industry about...
The retailing industry in Belgium registered positive but marginal current value growth in 2018. This can be largely attributed to higher disposable incomes and retailers’ efforts to upgrade and innovate. The total number of store-based outlets continued to decline due to increasing pressure from the non-store channel, with this particularly...
Retailing in Hungary, Market Shares, Summary and Forecasts to 2022 Summary "Retailing in Hungary, Market Shares, Summary and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Hungary retail...
In 2018, economic activity considerably slowed down in France with GDP growth of only 0.2% during the first two trimesters of the year. The slowdown was illustrated by a drop in household consumption, affected by rising taxes, amongst which were the unilateral increase in the social general contribution (CSG, or “contribution sociale généralisée”)...
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...
Retail value sales continued to record growth in 2018, which was thanks to rising purchasing power resulting from strong wage growth and general economic prosperity in the Czech Republic. Despite an overall decline in the number of outlets, retailers maintained solid value growth within store-based retailing, albeit at a lower level than in...
The first few months of 2018 were positive for retailers as consumers enjoyed higher take-home pay as a result of the newly implemented Tax Reform for Acceleration and Inclusion (TRAIN) law. However, economic and policy changes also eventually resulted in higher inflation towards the latter part of 2018, and with this, consumers started to...
UK Kitchen Storage - 2018 Summary The kitchen storage market saw strong volume-driven growth ahead of the overall homewares market in 2017, driven by food storage as the trend for meal prepping and using hydration products encouraged purchases.In 2018, inflation overtook volume as the main driver...
Black Friday in the UK - 2018 Summary Spend during the Black Friday period is forecast to account for 10.5% of Q4 spend, with shopper penetration now up 5.0 ppts. Growth of Black Friday will continue to slow year-on-year given the prolific discounting throughout 2018 so far as retailers struggle...
Retail Banking Market Dynamics: Denmark 2018 Summary Average annual wages in Denmark rose 4% in 2017, the highest annual growth rate since 2014 and a sizable rebound compared to 2015, which witnessed a 15% drop in average annual wages. Both the private and public sectors recorded wage growth in 2017,...