Serbia Retail Report - Business Monitor International - Industry Reports

Serbia Retail Report

Serbia Retail Report - Business Monitor International - Industry Reports
Serbia Retail Report
Published Aug 20, 2016
67 pages — Published Aug 20, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

By ----, Belgrade should feature two new shopping malls, Rajiceva Shopping Center and Belgrade Plaza. Being developed along the main pedestrian zone Knez Mihajlova Street, Rajiceva Shopping Center will comprise roughly --,--- square metres and more than -- stores. ...By ----, Belgrade should feature two new shopping malls, Rajiceva Shopping Center and Belgrade Plaza. Being developed along the main pedestrian zone Knez Mihajlova Street, Rajiceva Shopping Center will comprise roughly --,--- square metres and more than -- stores. Israeli company Plaza Centers is working on the Belgrade Plaza shopping centre, running to --,--- square metres. In summer ---- the European sportswear brand -F officially arrived in Serbia due to an agreement with Djak sports stores across the country to stock the brand. At the same time CCC established a subsidiary on the Serbian market under the name CCC Shoes and Bags Beograd, with plans to open its first stores in the country towards the end of the year.

...Unemployment, which was already elevated at -- as of Q---, will continue rising, which will weigh on the recovery in private consumption in Serbia. We see few drivers of private consumption growth in Serbia against the backdrop of renewed reduction in public sector wages and pensions, and rising inflation, which will erode consumer purchasing power. ...We see few drivers of private consumption growth in Serbia against the backdrop of renewed reduction in public sector wages and pensions, and rising inflation, which will erode consumer purchasing power. As such, while private consumption expanded by -.- year-on-year (y-o-y) in Q---, this pace is unsustainable, and we forecast a full-year expansion of just -.- for the full year, before expanding further by -.- in ----. The total population will decrease by an average of -.- annually over the forecast period - one of the fastest rates in the region. ...As such, while private consumption expanded by -.- year-on-year (y-o-y) in Q---, this pace is unsustainable, and we forecast a full-year expansion of just -.- for the full year, before expanding further by -.- in ----. The total population will decrease by an average of -.- annually over the forecast period - one of the fastest rates in the region.

...Serbia is one of the poorest countries in all of Europe with only -.- of total households earning above USD--,--- annually, limiting opportunities for retailers of non-essential items. Public debt reached --.- of GDP in ---- further decreasing investor confidence and limiting the economic stimulus tools that could be used by the government. ...

  
Source:
Document ID
2040-9222
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Serbia Retail Report" Aug 20, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Serbia-Retail-Report-2026-1678>
  
APA:
Business Monitor International - Industry Reports. (2016). Serbia Retail Report Aug 20, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Serbia-Retail-Report-2026-1678>
  
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