Rieker
Retail turnover will be 0,6% in 2015 year
27.08.2014 3437

Retail turnover will be 0,6% in 2015 year

The growth in retail trade next year will be more than three times lower than the Ministry of Economy predicted earlier: 0,6% instead of 2,1%, he believes. The retailers themselves are still more optimistic. "Higher inflation than previously expected is sufficiently cooling the growth of real incomes of the population, the growth of real wages. We revise down our estimate

consumer demand and expect that retail trade turnover in 2015 will grow by only 0,6%, although an increase of 2,1% was expected in May, "Oleg Zasov, director of the consolidated macroeconomic forecasting department of the Ministry of Economy, said yesterday. unchanged - the ministry expects retail trade to grow by 1,9%.

At the end of 2013, even grocery retailers expected a slowdown in growth, recalls Andrey Karpov, Executive Director of the Association of Retail Companies (AKORT). "But early 2014 did not confirm the worst fears," he notes. Natalya Kolupaeva, senior analyst at Raiffeisenbank, notes that the new version of the forecast is likely to reflect the weakening of consumer buying activity, for example, as a result of the possible introduction of a sales tax.

The growth of retail trade turnover next year will be more than three times lower than the Ministry of Economy predicted earlier: 0,6% instead of 2,1%, ...
5
1
Rating

Latest News

Coccinelle has launched an advertising campaign for autumn-winter 2022

Italian handbags and accessories brand Coccinelle has launched a new advertising campaign for its fall-winter 2022 collection called #WeAreOne. The black and white shots feature Coccinelle Beat bags, Coccinelle Magie and this season's new icon,…
07.10.2022 68

Russian shopping centers lose traffic and tenants

The Russian Council of Shopping Centers (RSTC) appealed to the governors of the regions with a request for assistance to the retail real estate market, which is in an extremely difficult situation. Against the backdrop of political and economic developments, as well as the transformation…
06.10.2022 74

Golden Goose acquires its main sneaker supplier

On Wednesday, Golden Goose, known for its Superstar sneakers, announced the acquisition of Italian Fashion Team, the main supplier and manufacturer of luxury sneaker brand Golden Goose. The amount of the deal was not disclosed...
06.10.2022 244

Kari adds new product categories to the range of family hypermarkets

Russian shoe retailer Kari continues to experiment with retail formats and assortment. This summer, the three well-established formats of Kari shoe retail - Kari shoe stores, Kari Kids for children and Kari Hyper hypermarkets - ...
06.10.2022 222

Bikkembergs released a collection of his own hits from 1990 and 2000.

Antwerp-born fashion brand Bikkembergs has launched an archival project, a collection of fifty-three items from the past. “These are things that don’t need to be updated to make people like them, they just need to be redone…
05.10.2022 213
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning