Retailing

Retailing in 2021: The big picture

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…

The pandemic continued to have a strong impact on sales in 2021, leading to continued current value growth albeit at a slower rate than in the first year of the pandemic. This is largely due to the travel and mobility restrictions which meant that…

Lockdown measures and restrictions on movement disrupted economic activity in Kenya in 2020 resulting in increased unemployment and a reduction in the disposable income of many households. This led many consumers to reduce their discretionary…

The COVID-19 pandemic continued to exert a very strong influence over Malaysia’s retailing industry during 2021. The most important factor to take into consideration is that a strict and extended quarantine lockdown was imposed upon the population in…

Retailing current value sales in Thailand fell for the second year in a row during 2021, with the rate of decline accelerating into double digits. Having seen very few cases of COVID-19 during 2020, its incidence soared during mid-2021, leading to a…

There was polarisation being observed within grocery retailing in Russia in 2021. On the one hand, there was increased consumer demand for high-quality groceries, a high level of service and modern technologies, as seen in Perekrestok, Magnit and…

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…

In 2021, retailing in Qatar has continued to be heavily influenced by the COVID-19 pandemic. However, overall, retailing will see a positive performance as those channels negatively impacted in 2020 will begin to recover as restrictions ease and…

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…

Growth in value sales in retailing was slightly lower in 2021 than in 2020, as consumers felt their finances being squeezed due to the fallout of the pandemic and there was also inflationary pressure. All the same, certain retailers performed better…

Retailing has seen recovery in 2021, as the government response to the pandemic has seen the economy begin to reopen and consumers resume pre-pandemic habits. The relaxation of lockdown measures, including restrictions on store opening, as well as…

Overall, retailing in Azerbaijan continued to see positive retail current value growth in 2021. Indeed, the overall growth was slightly higher than over 2020, as many non-essential retailers reopened as the threat of Coronavirus (COVID-19) 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…

While retailing registered an increase in current value sales in 2021, constant value sales actually fell. The pandemic continued to dampen value sales in 2021 for several reasons. Firstly, consumers were price sensitive, as the economic fallout of…

Having declined during 2020 due to disruption arising from COVID-19 and the economic shock that it engendered, retail constant value sales (2021 prices) saw a partial recovery in 2021. Like 2020, 2021 was marked by a significant divergence in…

The retail market in Egypt is currently experiencing heavy penetrated from e-commerce platforms with up-and-coming digital marketplaces continuing to offer and ever-growing list of FMCG products. The impact of COVID-19 and the government’s campaign…

In 2020 and strongly conditioned by the emergence of the pandemic and subsequent restrictions introduced by the local government to control the spread of the virus, the strong performance of channels such as grocery retailers, e-commerce or home…

Retailing in 2021: The big picture

After a challenging and complicated year, retailing in Peru began to recover in 2021, as sales grew in relation to 2020. This was despite the fact that the pandemic had not yet been completely overcome. Moreover, while the vaccination campaign was…