Polish Retail Sector Report

Published by: Intellinews

Published: Jan. 20, 2010 - 23 Pages

Table of Contents

Retail sales fell by 6.1% in monthly terms in November, but rose by 6.3% y/y. This is more than the annual growth of 2.1% in October and 2.5% in September. The dynamics' acceleration is welcome, but analysts stress that this may not be a result of an increase in individual consumption but rather - of poor results from last year.

The value of the Polish FMCG market reached PLN 223.5bn (EUR 53.08bn) in 2009, only 0.4% more than in 2008, the research firm PMR estimated in its recent report. The market is predicted to grow by 0.7% in 2010 to reach PLN 225bn in comparison to an 8.9% rise recorded in 2008. In 2009, convenience stores were the fastest growing segment of the Polish retail market. Their sales grew by 21% y/y. This fast growth should be mainly attributed to three franchise networks: abc, Zabka and Groszek, which altogether added more than one thousand new outlets to their chains. The second fastest growing sector are discount chains, whose sales grew by 18.5% as attractive prices are a key lure for customers in the times of economic downturn.

2009 was a good year for e-commerce. The turnover of e-stores was higher in 2009 by 20% than in 2008 and in the Q4/2009 alone, it surged by 40%.

As many as 57 M&A-type transactions were carried out in the Polish retail trade sector in 2009, up from 46 in 2008, the DealWatch service data show. The value was significantly lower last year.

Abstract

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