Retail Industry

Purchasing power in Austria: tops and flops

Whilst the prosperity lives in Vienna`s first district, the poorest communities in Austria can be found in weak developed regions in Carinthia, Styria and Burgenland.

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Unemployment rate in the EU at a climax

Some of the EU countries were hardly affected by the economical crisis, especially the high unemployment rates are one of Europe`s main concern.

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Strong internet usage but low online turnovers

Almost 30% of the EU citizens use the internet for shopping purposes, but only 4,2% of the total turnover of companies in the EU are achieved by online distribution.

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Longer shopping hours = increase of turnover?

Shop around the clock, 7 days a week – only few countries in Europe allow this by having a very liberal policy regarding opening hours.

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Green Building is becoming attractive for retailers

Ecological also means economic. Because Green Building has enormous advantages regarding costs.

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Europe is getting older

In 50 years there will be 130 Mio people living in the EU that are older than 65 years.This corresponds to an increase in the 65+ population from currently 17% to about 30%.

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Top Tenants in Austria`s Shopping Centers

The top tenants in Austria`s 100 largest shopping centers are retailers from the furniture, food, sporting and electronical goods sector.

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Greece: Reality overcomes the country

With a high national debt and a strong unemployment rate Greece faces hard times.

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Hypermarkets in Eastern Europe

20 000 sqm, 100 cash desks and about 100 000 items – this is how the largest hypermarkets in Eastern Europe look alike. The size and function of hypermarkets vary between countries.

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Europe`s Purchasing Power stagnates

Last year`s negative economical development influenced Europe`s purchasing power only slightly. In total the average purchasing power of an European stagnated in 2009.

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