Apparel and footwear specialists saw a massive current value decline in the first year of the COVID-19 pandemic in 2020. Consumers prioritised the purchase of essential items, such as groceries and health-related products, whilst avoiding non-essential pu…
Financing the operations of small local grocers amidst rapidly growing operational expenses, and keeping pace with modern grocery retailers in terms of price, is difficult for many players. This was exacerbated from February 2022, when the Hungarian gover…
Supermarkets saw growth in the first half of 2022 thanks to a boost from the return by some consumers to daily grocery shopping, as the COVID-19 pandemic eased and the last restrictions were lifted in early spring 2022. Therefore, loyal consumers in the c…
Hypermarkets saw strong current value growth in 2022, continuing the rising trend seen throughout the review period. This was despite the fact that none of the three hypermarket operators launched new outlets in this year. The once-intensive outlet constr…
Discounters was the largest grocery retail channel in 2022. It recorded the highest current value growth within grocery retailers even before COVID-19, and despite becoming the largest grocery retail channel in 2020, dynamic growth continued during the pa…
Due to continued dynamic value growth despite already high sales, discounters poses a threat to all other grocery retail channels. However, convenience stores is particularly impacted, as the price advantage is becoming even more critical when consumers c…
Retailers, manufacturers and consumers were only able to give a short sigh of relief after the grip of the COVID-19 pandemic eased. The country reopened totally from the lockdowns and various measures limiting shopping, travelling, and leisure activities,…
Historically, online spending by Ecuadorians has been primarily focused on services and entertainment. However, consumption patterns in this area changed dramatically during the COVID-19 pandemic, with people increasingly choosing to purchase physical goo…
According to the Instituto Nacional de Estadisticas y Censos (INEC), consumer appliances and electronics experienced a reduction in prices over 2022, when compared to 2021. This was in part due to a normalisation of production thereby ensuring there were …
Grocery retailers continued to see dynamic growth in 2022, with the lifting of COVID-19 restrictions supporting economic activity and boosting consumer confidence. Furthermore, while many consumers remained price sensitive in 2022, spending was supported …
Retail e-commerce saw its sales skyrocket in Norway in current value terms in 2020, with increases in all categories and across all geographical areas. This was thanks to high penetration of the internet and smartphone devices, fears of visiting high traf…
Vending saw a current value decline in 2020, suffering from the lack of mobility in Norway due to COVID-19. In addition, despite the option of contactless payments, consumers need to push buttons or touch the screen to select the product they want to buy.…
Direct selling saw exceptionally strong current value growth in 2020, which was followed by higher than average growth in 2021. Although growth slowed further in 2022, it remained positive, which was a good performance, considering the channel was on the …
In Norway, general merchandise stores only includes variety stores, as there are no department stores in the country. In 2020, the channel saw exceptional current value growth as consumers looked for items such as cleaning products when the pandemic struc…
Home products specialists saw dynamic growth in 2020 and 2021 due to COVID-19. Since Norwegians took fewer holidays abroad and spent less on entertainment and socialising outside of the home, this meant they had more money to spend on renovating their hom…
The sales of health and beauty specialists are driven by pharmacies, which represented more than three quarters of value sales in the overall channel in 2022; this was a notable rise in share compared with 2019, before the pandemic hit. Pharmacies saw str…
Appliances and electronics specialists saw stronger than average current value growth in 2020, due to COVID-19. Increased home working practices and extended leisure time at home encouraged consumers to upgrade their technology to make their work and leis…
Apparel and footwear specialists was one of the worst affected retail channels during the pandemic, recording a significant current value decline in 2020. It saw a slight rebound in value sales 2021, and this continued in 2022, with customers increasingly…
Small local grocers only accounts for a negligible share of overall value sales within grocery retailers. Like most other grocery retail channels, small local grocers saw exceptional current value growth in 2020 in the first year of the pandemic, as consu…
After seeing dynamic growth in 2020 during the pandemic, and little movement in sales in 2021, supermarkets turned to slight decline in 2022. Nevertheless, sales remained way above the pre-pandemic level, and supermarkets continued to take slight share fr…