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...
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...
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 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...
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...
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...
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...
Consumer shopping habits still favour traditional and informal retailing in Angola. Retailing was hit hard by the COVID-19 pandemic, with the economy suffering. However, with a recovering economy expected in the forecast period and the government focus on structural reforms, the outlook for modern retailing is positive. Moreover, young adults...
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...