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...
The impact of the COVID-19 pandemic was still being felt strongly in the Turkish retailing market in 2021. Whilst there were clear signs of recovery and sales growth compared to 2020, consumer demand was not as strong as it had been in 2019. Whilst year on year value growth was seen in many areas of the retailing market, the lack of corresponding...
Retailing in 2021: The big picture Retailing in Panama 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, convenience stores, mixed retailers, health and beauty retailers, clothing and...
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,...
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...
The emergence of COVID-19 has had a wide reaching impact on retailing in New Zealand, with the lockdown and social distancing measures forcing consumers to reassess how they shop. Many local consumers have switched to shopping online – some for the first time – with this being partly due to a lack of access to some products in stores, but...
In 2020, the COVID-19 pandemic had a severe impact on retailing in Algeria. Firstly, the Algerian economy was hit by a double whammy in 2020 – COVID-19 and plummeting oil prices. Algeria is highly dependent on oil exports and this led to a devaluation of the dinar and a general increase in inflation. This in turn led to lower disposable incomes...
While current value sales registered a double-digit increase in 2021, this growth was mainly due to soaring inflation and in fact in constant value terms, sales only rose slightly. The steep inflation rate is due to tough capital controls designed to keep the official peso rate in check. Controls include only allowing individuals to buy US$200...
In May 2021, there was a surge in the number of COVID-19 cases in Vietnam, which led the government to impose another lockdown in Ho Chi Minh and in most southern provinces, obliging people to stay at home and only go out for basic necessities such as purchasing groceries or medicine, or to work at factories or businesses permitted to operate. Retailing...
The pandemic continued to have an impact on retailing in the UK in 2021. At the beginning of the year, the government imposed a national lockdown which lasted from 6 January to 8 March. From 8 March onwards, the government followed a 4-step roadmap, which ensured the gradual easing of restrictions. All social contact related restrictions were...