Small stores closed also in Austria
Last year more than 1,000 small shops finished their work in Austria, the number of small retail units fell to 52,690.
According to the Austrian Federal
Chamber of Commerce (WKO) the tendenz is clear, the hypermarkets
marketshare increase continous, and the small shops joint to the
retail chains. The several retail chains has 50% market share by
floor space.
Related news
More related news >
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >