In 2018, real estate registered strong growth in Poland. A positive economic climate allowed Poles to invest in their flats or houses.
Homewares and home furnishings internet retailing is strongly gaining in popularity in Poland. Price-sensitive Poles shop online as there is the possibility of finding a better price than available in store-based outlets.
Due to the restriction of Sunday trading since March 2018, customers have fewer days to familiarise themselves with the assortments of home and garden specialist retailers. In 2018, to protect against falling turnover, retailers extended their opening hours on other days.
Home improvement and gardening stores accounted for the largest value share of home and garden specialist retailers in 2018, of which Castorama Polska Sp zoo leads both. This can be attributed to its retail network of 76 large outlets operating under Castorama and Brico Dépôt brands, its comprehensive product range and professional advice for consumers.
In 2017, Praktiker home improvement and gardening stores struggled with seizures by a bailiff, redundancies and outlet liquidation. Finally, Praktiker Polska was declared insolvent in September 2017 and all stores were liquidated with their stock.
Ikea Retail Sp zoo strengthened its leadership of homewares and home furnishing stores in Poland in 2018, aided by opening its first IKEA store in Poland located in a shopping centre. The new store with an approximate total sales space of 4,800 sq m, opened in the Blue City shopping centre in Warsaw.
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This industry report originates from Passport, our Retailing market research database.