Hungary`s economy weakened long before the worldwide financial and economical crisis. Nevertheless, the increase of purchasing power in the past years in this country was noteable.
Best increase of productivity in the drugstore and perfumery sector
Strong increases and decreases – the development of productivity in the Austrian retail sector (turnover per sqm) varies strongly from branch to branch.
Despite consumption decrease or stagnation: good retail concepts are always in demand, the expansion of the big players in the CEE and SEE region goes on.
Golden Babylon Rostokino, Dolce Vita Tejo or Forum Istanbul – these are the names of some of the largest shopping centers that opened accross Europe last year.
The cultivated lunch with business partners at the fancy Italian restaurant at the company’s expense is falling victim to the red pencil. Is everybody now eating at the wurst stand?
Retailparks in CEE: successful endeavour or stopgap?
Because the large cities are already swamped with shopping malls the retail parks in CEE are on the rise. However, the expansion has been slowed down noticeably by the economic crisis.
