The global greek yogurt market reached a value of US$ 8.57 Billion in 2020. Greek yogurt, also known as yogurt cheese or sack yogurt is prepared through straining of curd and separating it from the excess watery whey. The straining process makes the yogurt thicker and creamier as compared to the regular curd. Greek yogurt has various nutritional...
The COVID-19 crisis has had a significant, though varied, impact across retailing in the Colombian market. Grocery retailing has been amongst the most positively affected areas of the market, seeing an increase in sales at the beginning of lockdown as consumers began to stock up on essentials and shifted from away-from-home consumption to...
Non-grocery retail outlets saw a significantly decline in retail current value sales during 2020. Unlike grocery retail outlets, they were forced to close for an extended period during the spring lockdown. They were also more exposed to the economic shock of COVID-19, which led many consumers to reduce their discretionary spending. Unsurprisingly,...
Pre-pandemic, retailers had high hopes for 2020 as key economy indicators were promising and overall consumer confidence was high. However, the pandemic reached Hungary during late February and provoked a heavy strain on the industry, which was unprepared for such sudden and dramatic change. The lockdown, increased safety regulations, changes...
There was no strict lockdown imposed by authorities in Denmark in 2020 during the COVID-19 crisis, but department stores and shopping centres were required to close their doors from the 18 March until 11 May, as these represent large indoor spaces where the COVID-19 could easily spread. Retailing in Denmark report offers insight into...
In response to the COVID-19 pandemic, retailing will see a slight current value decline in 2020 overall. However, considering the global scale and destructions of the pandemic, retailing in Slovenia has not been as severely impacted as other countries. Likewise, channels within retailing have performed differently based on the goods they offer,...
The COVID-19 pandemic had a major impact on Brazil’s retailing industry over the course of 2020, with most store-based channels experiencing sales declines and significant shifts seen in spending and demand patterns. The main factor influencing developments in the retailing industry during the year was the requirement for all non-essential...
The COVID-19 health crisis, and the associated economic impacts, considerably shook up retailing in Portugal in 2020. The lengthy closures for non-essential retail outlets, restricted movement for consumers in Portugal, and a financial instability let to substantial declines in retail current value sales for many categories in 2020. Retailing...
In response to the COVID-19 pandemic, retailing will be negatively impacted overall as current value sales decline in 2020 overall. However, different channels within retailing have responded differently to the pandemic based on what they sell and how affected they have been by the COVID-19 restrictions. For example, modern grocery retailers...
After a number of years of good value growth, retailing recorded a modest overall value decline during the Coronavirus (COVID-19) pandemic in 2020. The health crisis led to soaring unemployment rates in the country, with many businesses closing and a consequent steep reduction in consumer confidence and disposable incomes. Many Russians were...