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FMCG retail to remain stable in 2014

9th January 2014
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The turnover of FMCG retailers in Poland will amount to PLN 177.2 billion in 2014, according to an estimate provided by Euromonitor International. This means that, in real terms, the turnover will remain at a level similar to last year’s. 
The forecast varies depending on the market segment. Small, independent grocery stores will see a 10 percent drop in turnover year-on-year, Euromonitor said. This will come both from a decline in the number of stores by about 8,000 and changing shopping habits. 
“The independent stores market is estimated at some 60,000-110,000 stores nationwide. It has been in decline for years and I expect this trend to continue in the coming years,” Maria Mickiewicz, analyst at Espirito Santo Investment Bank told Rzeczpospolita. 
The big retail networks are also in trouble. Their sales are expected to fall by 1.4 percent y/y to PLN 38.2 billion despite over ten new openings being scheduled for 2014. The discount store segment is in the most favorable situation, with revenue expected to rise by 6.8 percent y/y to PLN 45.3 billion.

From Warsaw Business Journal

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