After a major slowdown in value growth in 2020 when major retailers (particularly those operating within large shopping malls) were disrupted, growth accelerated in 2021 to record double-digit value growth. There were no significant lockdowns in this year and, with COVID-19 having less impact on the country, economic conditions improved, leading...
Retailing in Ghana slowly recovered in 2021. The restrictions imposed by the government at the height of the pandemic led to sales losses but upon the arrival of vaccines and rapid vaccination rate in 2021, the government permitted retail operations to resume. This led to improved sales performances for retailers. A huge demand emerged for...
The Uzbeki economy had been growing strongly prior to the pandemic, as the government’s liberalisation policies led to increased foreign investment and a diversifying economy, supported by a young population. The economy also looked set to recover quickly from the disruption caused by COVID-19. Retailing in Uzbekistan report offers...
Having declined sharply during 2020 as a result of the pandemic, retailing constant value sales (2021 prices) recovered only partially in 2021. In spite of the fact that restrictions on movement were significantly relaxed, many local consumers remained cautious in their spending. Modern grocery retailers continued to gain ground on their traditional...
The COVID-19 pandemic had a huge influence on the shopping habits of Kuwaitis in 2020 and 2021 as a big shift towards e-commerce was seen. Historically, e-commerce has struggled to gain a mainstream presence in Kuwait and this is a reflection of the strong preference among the population for shopping in stores, an activity which is widely...
Retailing in 2021: The big picture Retailing in Paraguay 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...
Retailing constant value sales continued to expand in Côte d’Ivoire during both 2020 and 2021, albeit at a significantly slower rate than in the earlier part of the review period. Disruption arising from the pandemic and the economic shock that it engendered hit non-grocery specialists like apparel and footwear specialists particularly hard,...
The Swiss economy weathered the COVID-19 pandemic relatively well and swiftly recovered to pre-pandemic levels in 2021. Overall, there was an increase in value sales, though growth was lower than in 2020, with inflation rising slightly in 2021. Retailing in Switzerland report offers insight into key trends and developments driving the...
In 2021 retailing sales in general have started to recover from the COVID-19 pandemic. As restrictions come to an end and consumers return to work, the economy is showing signs of recovery that will benefit private consumption and consumer confidence. A much more positive performance in retailing is thus expected over the forecast period. Retailing...
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...