Foreign markets – Czech Republic
According to Nielsen’s Prague affiliate, FMCG retail sales growth is slowing down in terms of value in the Czech Republic. Supermarkets’ share surpasses that of discount stores. Last March-April FMCG sales augmented by 13.6 percent in value. The same period this year saw a 0.4 percent downturn. In terms of quantity consumption started to shrink last July-August by 0.7 percent. Sales by modern store types continued to grow. In the first four months of 2009, they realised a revenue of CZK 65.5 billion, 3.8 percent more than in the same period of 2008. Modern channels realise 77 percent of FMCG retail sales in the first four months. This year traditional small shops were reduced to a 23 percent share. Hypermarkets continue to dominate modern retail (hypermarkets, supermarkets and discounts) with a 53 percent FMCG share in the first four months. Supermarkets are at 25 percent and discounts have 22 percent.
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