The reduction in spending power in Argentina and the rise of prices in Uruguay have impacted the results of some of the key players in grocery retailers. The exchange between Uruguay and Argentina has traditionally been strong, with a long-standing tradit…
In 2022 grocery retailers in Tunisia faced a multitude of challenges, including supply shortages and fluctuating consumer demand. A significant contributing factor to these challenges was the rapid escalation of consumer prices, which surged to 14.6%—a st…
Forecourt retailers is maintaining solid growth, after recovering from its declines during the era of pandemic restrictions. Within this environment, in March 2023, it was revealed that MOL Group has sold 39 service stations to Shell in Slovenia, as part …
Reduced price initiatives continue to gain momentum in the Dominican Republic as inflation squeezes consumer expenditure. Price sensitivity has been an issue since the pandemic with Dominicans looking for more affordable options. The number of grocery ret…
In 2022, though there was double-digit growth in current value sales, growth in constant value sales
Euromonitor International's Grocery Retailers in Bosnia and Herzegovina report offers insight into key trends and developments driving the industry. The …
Inflation and ongoing price increases significantly impacted the retail industry in 2022. High price rises led to changing consumer behaviours, with a drop in demand as many were looking to delay significant purchases, reducing and adapting their budgets …
Performance was muted for retailers in Bosnia and Herzegovina in 2022. Though there was double-digit growth in current value sales, there was only a minimal increase in constant value sales, as inflation dampened volume sales significantly. Double-digit i…
Small local grocers often carry higher prices than other grocery retail channels, due to their higher costs and lack of economies of scale. Meanwhile, the economic crisis and the war in Ukraine resulted in lower levels of consumer confidence in 2022 than …
After two years of solid growth during the COVID-19 pandemic, overall retail saw a slight decline in current value terms in 2022. This was partly due to some normalisation of sales after two strong years, and partly due to the impact of the economic crisi…
New payment technologies continued to arrive in modern grocery channels in Bolivia at the end of the review period. Consumers demand in-person shopping options that incorporate more of the ease and convenience of online shopping. In a market where modern …
While grocery retailers in Estonia showed a markedly improved performance in terms of overall current value sales growth in 2022, this was mainly due to soaring inflation fuelled by the global recovery from the pandemic and the fallout of Russia’s invasio…
The consumption habits of Taiwanese changed during the pandemic, with purchases of fresh groceries and hot food items from traditional wet/food markets (which mainly comprise the majority of small local grocers in the country) switching to modern channels…
Customer loyalty is of high importance in the retail industry, but perhaps most of all for small local grocers and other independent retailers that lack the size and financial backing of large parent corporations. Since the start of the pandemic in early …
A planned merger between supermarket companies Kroger and Albertsons would have a substantial impact on the US supermarkets channel. These retailers, which are the two largest players in supermarkets in the US in value terms, announced in October 2022 tha…
Retail sales gained further growth momentum in 2022, in both retail offline and online. While growth through grocery retailers started to stabilise following the surge in demand for fresh food during home seclusion as local consumers engaged in the freque…
In 2021, the most important story in retail in the US was undoubtedly the ongoing impact of the COVID-19 pandemic. Through the spring (and again, to a lesser extent, towards the very end of the year, as the Omicron variant of the virus began to spread rap…
Retail sales in Mexico saw healthy growth for the second consecutive year in current value terms in 2022 following the pandemic-induced slump in 2020. However, this was due mainly to inflationary pressures, which led to an increase in unit prices. Accordi…
2022 was a year in which consumers in Chile realised the effect that inflation was having on their pockets. There was a bumpy end to 2019, and 2020 was marked by the fear and uncertainty of the COVID-19 pandemic. However, 2021 was full of promise and spen…
Retail recorded another year of double-digit value growth in 2022, as Brazil further eased pandemic-related restrictions and consumers spent greater time outside of their homes, returning to the workplace, socialising and in-person shopping. Grocery retai…