European Trade Policy and Investment Support Project (Eu- Mutrap)

Total Page:16

File Type:pdf, Size:1020Kb

European Trade Policy and Investment Support Project (Eu- Mutrap) 1 EUROPEAN TRADE POLICY AND INVESTMENT SUPPORT PROJECT (EU- MUTRAP) Support Vietnamese enterprises to understand distribution processes and market demand in the EU and to adjust to such processes and demand Guidebook on the Organization and Operation of the Distribution Sector in the European Union Revised version further to the “Peer Review” by DM Expert 2 7 August 2014 Author: Andras Lakatos, DMI Expert With the contribution of Nguyen Cam Nhung, PMU Expert This document has been prepared with the assistance of the European Union. The views expressed herein are those of the authors and therefore in no way reflect the official opinion of the European Union nor the Ministry of Industry and Trade 2 Contents Acronyms ......................................................................................................................... 5 1. Foreword .................................................................................................................. 6 2. Introduction.............................................................................................................. 6 3. Overview of the EU distribution sector ....................................................................... 8 4. The distribution sectors of selected Member States .............................................. 21 4.1 Germany’s distribution sector........................................................................... 22 4.1.1 Focus on METRO Group ........................................................................ 24 International Activities of Metro Cash & Carry .......................................................... 26 4.2 The French retail sector.................................................................................... 28 4.2.1 Focus on Groupe Casino ........................................................................ 30 4.3 The Netherlands’ retail sector........................................................................... 32 4.4 The retail sectors of other Western and Northern EU Member States ................. 34 4.4.1 Austria ................................................................................................. 34 4.4.2 Belgium ................................................................................................ 34 4.4.3 Denmark .............................................................................................. 38 4.4.4 Finland ................................................................................................. 38 4.4.5 Sweden ................................................................................................ 39 4.4.6 United Kingdom.................................................................................... 41 4.5 The retail sectors of Mediterranean EU Member States ..................................... 43 4.5.1 Italy ..................................................................................................... 43 4.5.2 Spain.................................................................................................... 43 4.6 The retail sectors of Central European EU Member States .................................. 43 4.6.1 Czech Republic...................................................................................... 45 4.6.2 Hungary ............................................................................................... 45 4.6.3 Poland.................................................................................................. 46 5. Main distribution channels by sectors and by Member States .................................... 49 5.1 Fresh fruit and vegetables ................................................................................ 49 5.1.1 European Union.................................................................................... 49 5.1.2 France .................................................................................................. 56 5.1.3 Germany .............................................................................................. 56 5.1.4 The Netherlands ................................................................................... 58 5.2 Processed Fruit and Vegetables ........................................................................ 59 5.2.1 European Union.................................................................................... 59 5.2.2 France .................................................................................................. 63 5.2.3 Germany .............................................................................................. 64 5.3 Fish and Seafood.............................................................................................. 65 5.2.1 European Union.................................................................................... 65 5.2.2 France .................................................................................................. 68 5.2.3 Germany .............................................................................................. 70 5.2.4 United Kingdom.................................................................................... 74 5.4 Coffee ............................................................................................................. 77 5.5 Tea.................................................................................................................. 80 5.6 Cashew nuts .................................................................................................... 81 5.7 Rice ................................................................................................................ 83 5.8 Clothing and footwear...................................................................................... 86 5.8.1 France .................................................................................................. 88 5.8.2 Germany .............................................................................................. 89 5.8.3 Netherlands.......................................................................................... 90 5.9 Furniture and wooden home decoration ........................................................... 91 5.9.1 Furniture .............................................................................................. 91 3 5.9.2 Wooden home decoration..................................................................... 94 6. Requirements to meet in order to sell Vietnamese goods .......................................... 96 6.1 Food products ................................................................................................. 97 6.1.1 General requirements on food............................................................... 97 6.1.1.1 EU Food Law ..................................................................................... 97 6.1.1.2 Food labelling.................................................................................... 98 6.1.1.3 Packaging and container requirements ..............................................100 6.1.1.4 Food additives regulations ................................................................100 6.1.1.5 Pesticides and contaminants .............................................................101 6.1.1.6 Private standards .............................................................................102 6.1.2 Fresh fruit and vegetables ....................................................................106 6.1.2.1 Pesticides regulations: ......................................................................106 6.1.2.2 Contaminants...................................................................................107 6.1.2.3 Marketing standards ........................................................................108 6.1.2.4 Phytosanitary requirements ..............................................................109 6.1.2.5 Labelling requirements.........................................................................109 6.1.3 Processed Fruit and Vegetables ............................................................109 6.1.3.1 Food safety..........................................................................................110 6.1.3.2 Contaminants ......................................................................................110 6.1.3.3 Labelling..............................................................................................112 6.1.4 Fish and seafood ..................................................................................113 6.1.4.1 Approved country and establishment ................................................113 6.1.4.2 Catch certificate ...............................................................................113 6.1.4.4 Contaminants...................................................................................114 6.1.5 Coffee and tea .....................................................................................115 6.1.5.1 Pesticides and contaminants .............................................................115 6.1.5.2 Labelling and packaging requirements ...............................................116 6.1.7 Cashew nuts ........................................................................................116 6.1.8 Rice.....................................................................................................116 6.2 Clothing and footwear.....................................................................................117 6.2.1 Product safety regulations....................................................................117
Recommended publications
  • Fuel Forecourt Retail Market
    Fuel Forecourt Retail Market Grow non-fuel Are you set to be the mobility offerings — both products and Capitalise on the value-added mobility mega services trends (EVs, AVs and MaaS)1 retailer of tomorrow? Continue to focus on fossil Innovative Our report on Fuel Forecourt Retail Market focusses In light of this, w e have imagined how forecourts w ill fuel in short run, concepts and on the future of forecourt retailing. In the follow ing look like in the future. We believe that the in-city but start to pivot strategic Continuously pages w e delve into how the trends today are petrol stations w hich have a location advantage, w ill tow ards partnerships contemporary evolve shaping forecourt retailing now and tomorrow . We become suited for convenience retailing; urban fuel business start by looking at the current state of the Global forecourts w ould become prominent transport Relentless focus on models Forecourt Retail Market, both in terms of geographic exchanges; and highw ay sites w ill cater to long customer size and the top players dominating this space. distance travellers. How ever the level and speed of Explore Enhance experience Innovation new such transformation w ill vary by economy, as operational Next, w e explore the trends that are re-shaping the for income evolutionary trends in fuel retailing observed in industry; these are centred around the increase in efficiency tomorrow streams developed markets are yet to fully shape-up in importance of the Retail proposition, Adjacent developing ones. Services and Mobility. As you go along, you w ill find examples of how leading organisations are investing Further, as the pace of disruption accelerates, fuel their time and resources, in technology and and forecourt retailers need to reimagine innovative concepts to become more future-ready.
    [Show full text]
  • Prezentacja Wyników Za 2017 R
    Prezentacja wyników za 2017 r. PODSUMOWANIE PREZENTACJI Część 1. PRZEGLĄD WYNIKÓW 2017: TRUDNY POD WZGLĘDEM ZYSKÓW – MOCNY POD WZGLĘDEM PRZEPŁYWÓW Część 2. STRATEGIA 2023: EUROCASH GOTOWY NA PRZYSZŁOŚĆ PLAN OPTYMALIZACJI - ZIDENTYFIKOWANY POTENCJAŁ SYNERGII KOSZTOWYCH DETAL HURT WZROST PRZEPŁYWY PIENIĘŻNE 2 PODSUMOWANIE OSTATNICH 5 LAT EUROCASH GOTOWY NA PRZYSZŁOŚĆ Zwiększone wydatki inwestycyjne w okresie deflacji i presji kosztowej Powrót do inflacji, presji płacowej i niedoboru siły roboczej Mocny wzrost sprzedaży Eurocash w ciągu 5 lat o 8.9% (CAGR) Krótkoterminowe obniżenie rentowności EBITDA – wpływ inicjatyw Eurocash Capex (mln zł) Dynamika wynagrodzenia brutto Inflacja CPI Grupy mających na celu zwiększenie konkurencyjności w długim Inwestycje we wzrost sprzedaży terminie Silne Operacyjne Przepływy Pieniężne (1,67x EBITDA 2017) - stałe reinwestowanie we wzrost sprzedaży Eurocash sprzedaż (mln zł) Marża EBITDA 3 CZĘŚĆ 1 2017 PERSPEKTYWY RYNKOWE I WYNIKI GRUPY EUROCASH 4 RYNEK FMCG Wzrost Małego Formatu o 2,5% na tle wzrostu całego rynku FMCG o 4,2% (w okresie 12 miesięcy do listopada 2017) Wzrost rynku FMCG wg kanałów dystrybucji Wzrost rynku FMCG wg kanałów dystrybucji (r/r, LTM* Listopad 2017) (r/r, LTM* Listopad 2017) 10% 9,0% 9,9% 9% 8% 7% 5,1% 6% 5% 3% 3,4% 4% 2,5% 1% 0,1% 2% -1% -3% 0% -5% -2% -1,3% -4,6% Dyskonty Hipermarkety 2500+ Supermarkety 300-2500 Mały format - Razem Wsypecjalizowane i Inne Małe sklepy -40 Convenience 40-100 Małe supermarkety 100-300 Pomimo inflacji wspierającej duże formaty, sklepy małoformatowe
    [Show full text]
  • Décision N° 18-DCC-65 Du 27 Avril 2018 Relative À La Prise De Contrôle
    RÉPUBLIQUE FRANÇAISE Décision n° 18-DCC-65 du 27 avril 2018 relative à la prise de contrôle exclusif des sociétés Zormat, Les Chênes et Puech Eco par la société Carrefour Supermarchés France L’Autorité de la concurrence, Vu le dossier de notification adressé complet au service des concentrations le 15 mars 2018, relatif à la prise de contrôle exclusif des sociétés Zormat, Les Chênes et Puech Eco par la société Carrefour Supermarchés France, et formalisée par un protocole de cession en date du 1er février 2018 ; Vu le livre IV du code de commerce relatif à la liberté des prix et de la concurrence, et notamment ses articles L. 430-1 à L. 430-7 ; Vu les engagements présentés les 15 mars et 18 avril 2018 par la partie notifiante ; Vu les éléments complémentaires transmis par la partie notifiante au cours de l’instruction ; Adopte la décision suivante : I. Les entreprises concernées et l’opération 1. La société Carrefour Supermarchés France SAS (ci-après « CSF ») est une filiale à 100 % du groupe Carrefour, lequel est actif dans le secteur du commerce de détail à dominante alimentaire, ainsi que dans la distribution en gros à dominante alimentaire. En France, le groupe Carrefour exploite des hypermarchés, supermarchés, commerces de proximité, cash and carry, sous les enseignes Carrefour, Carrefour Market, Carrefour City, Carrefour Contact, Carrefour Express, Carrefour Montagne, Huit à 8, Marché Plus, Proxi et Promocash. Le groupe Carrefour dispose par ailleurs d’une activité de drive et exploite plusieurs sites marchands sur internet : www.carrefour.fr, www.ooshop.carrefour.fr et www.rueducommerce.fr.
    [Show full text]
  • May 4Th 2020 Written Evidence Submitted by Money Mail (COV0131)
    May 4th 2020 Written evidence submitted by Money Mail (COV0131) Dear Sir/Madam, The Daily Mail’s personal finance section Money Mail has compiled a dossier of readers’ letters that we hope you will find useful to your inquiry into food supply in the Covid-19 pandemic. We first published a story on Wednesday, April 22, detailing the problems some classed as ‘clinically vulnerable’ were having securing a supermarket delivery in the lockdown. We then received hundreds of emails and letters from readers sharing their experiences. This was one of the biggest responses we have received to a story in recent memory. Money Mail then ran another story the following Wednesday (April 29th) sharing more reader stories and calling on supermarkets to do more to help. In this story, we told readers that their letters (with personal details removed) would be sent to the Efra inquiry. The pages that follow, we have included more 300 of the letters and emails we received in response to our coverage of the issue. Regards, The Money Mail team, Daily Mail 1. My husband and I are having to shield but unfortunately like most other people in similar circumstances, do not meet the very limited criteria set out by the Government for assistance with Food Deliveries. One has to ask why do so many able bodied people clap and cheer for the NHS Staff from their door steps on a Thursday evening yet a great many of them go online to do their Grocery Shopping booking a Home Delivery Slot? Do they not have the sense to see their selfishness and irresponsibility means that
    [Show full text]
  • The Abuse of Supermarket Buyers
    The Abuse of Supermarket Buyer Power in the EU Food Retail Sector Preliminary Survey of Evidence Myriam Vander Stichele, SOMO & Bob Young, Europe Economics On behalf of: AAI- Agribusiness Accountability Initiative Amsterdam, March 2009 Colophon The Abuse of Supermarket Buyer Power in the EU Food Retail Sector Preliminary Survey of Evidence Myriam Vander Stichele (SOMO) & Bob Young (Europe Economics) March 2009 Funding: This publication is made possible with funding from The Dutch Ministry of Foreign Affairs via SOMO and DGOS (Belgian Directorate General for Development Cooperation) via Vredeseilanden (VECO). Published by: AAI - Agribusiness Action Initiatives, formerly called Agribusiness Accountability Initiative The authors can be contacted at: SOMO Sarphatistraat 30 1018 GL Amsterdam The Netherlands Tel: + 31 (20) 6391291 Fax: + 31 (20) 6391321 E-mail: [email protected] Website: www.somo.nl This document is licensed under the Creative Commons Attribution-NonCommercial-NoDerivateWorks 2.5 License. The Abuse of Supermarket Buyer Power in the EU Food Retail Sector 2 Contents Contents ..........................................................................................................................3 Summary .........................................................................................................................4 Introduction.....................................................................................................................6 1. Abusive buyer power problems are being discussed in many fora while a comprehensive
    [Show full text]
  • Enquête Par Entretiens Auprès Des Entreprises De L'industrie Du
    Enquête par entretiens auprès des entreprises de l’Industrie du Commerce Une analyse de l’ancrage des sièges sociaux et des entreprises Pour le PICOM Sabine KAZMIERCZAK, Hervé BARRY et Hassan EL ASRAOUI Benchmarking et analyse bibliographique préliminaire Avril 2012 1 Contenu Introduction : ........................................................................................................................................... 3 La question des sièges sociaux et de leurs localisations. Le traitement de la question dans le Monde, en Europe et en France. Les principaux enseignements. ........................................................................ 4 1. Les sièges dans la littérature économique .................................................................................. 5 1.1. Le débat sur la fiscalité. ....................................................................................................... 5 1.2. Le rôle des sièges dans la structuration des espaces urbains ............................................. 5 2. Les grands sièges sociaux en Europe et la place de l’industrie du commerce ............................ 6 2.1. Les grands sièges dans le Monde et en Europe (localisation, secteurs d’activités…) ......... 6 2.2. L’industrie du commerce ..................................................................................................... 9 3. Les logiques de localisation ....................................................................................................... 10 3.1. L’expérience en Ile-de-France
    [Show full text]
  • Booker Symbol Retail
    Booker Symbol Retail Insight on shoppers: insight on stores July 2018 © IGD 2018 The UK’s biggest symbol network Premier the biggest single fascia Now encompassing over 5,600 stores the Booker retail symbol network has twice the number of the next largest symbol group or convenience chain in the UK. Total combined estimated retail sales are now £4.5bn. Operating a portfolio of four fascias Booker Booker symbol retail: store numbers symbol has a breadth of offer to meet the needs of a wide range of differing retailer 2017 2018 change needs comprising: Premier* – flexible entry level package for Premier* 3,332 3,343 +11 small stores with supply from cash & carry depots Londis 1,826 1,957 +131 Londis – fully-serviced package for smaller stores supplied through Booker Retail Budgens 159 226 +67 Partners distribution network Budgens – Tailored support package for Family Shopper 63 75 +12 larger stores including an emphasis on fresh Family Shopper – A value-focused package Total 5,380 5,601 +221 offering neighbourhood discount format © IGD 2018 Source: IGD Research * Includes Premier Express fascia variant Page 2 What defines the Booker retail symbol shopper? Top shopper Top-up is the leading mission across all missions in three fascias Tobacco/lottery/news is the second most frequent mission in Premier and Londis Budgens has significantly the largest incidence of evening meal missions Premier has the highest incidence of food- for-now missions % of shoppers on last trip shopping for Premier Londis Budgens Top-up 45 50 59 Evening meal 15 13 35 Food-for-now 26 15 18 Tobacco/lottery/news 41 42 29 © IGD 2018 Source: IGD ShopperVista Page 3 As Booker looks to the future, and the new possibilities presented by its tie-up with Stores of the Tesco, we visited three of its most recently redeveloped symbol retail stores.
    [Show full text]
  • T He New Space Race Is On. Even As
    property special the new space race he new space race is on. Even as the growth in superstores slows down, gro- cery chains are jostling for position in the rush to occupy the ‘new’ territory: The new high street-based convenience stores. TOne by one the supermarket chains have joined early leaders Tesco and Sainsbury’s in a battle to secure small stores in urban and suburban locations. New figures underline the extent of this trend. According to UK construction data experts Glenigan, space race in 2011 there was a 140% increase in c-store planning applications made by the mults on the previous year. Stuart Watson Although the number of c-store applications fell back last year, there were still almost twice as many plans tabled as in 2010 (see p50). So what’s behind this new The hypermarket is yesterday’s news. space race and does the push towards smaller stores spell the end for the hypermarket? The multiples are now fighting to snap The attraction of c-stores is being fuelled by busi- nesses that are “hooked on the drug of growth,” up space vacated by HMV, Jessops and says Richard Hyman, president of retail consultants PatelMiller. “After 30 years of relentless development of Blockbuster to fuel the growth of their hypermarkets, saturation has arrived. The last bastion of the grocery market that they had not yet penetrated convenience store formats was convenience.” 48 | The Grocer | 2 March 2013 www.thegrocer.co.uk The timing of the new push couldn’t have been better. from smaller outlets.
    [Show full text]
  • More Sustainable Food
    MORE SUSTAINABLE FOOD: FRUIT AND VEGETABLES AT THE SUPERMARKET Consumers, JULY 2018 Consumers Association More sustainable food: fruit and vegetables at the supermarket 1 CONTENT Resume 4 preface 6 1 study Design 7 1.1 Research questions 7 1.2 Definition / scope 8 1.2.1 Selection supermarkets 8 1.2.2 Selection of case studies 8 1.2.3 Scope of the study 9 1.2.4 Definition and explanation term sustainable 10 1.3 Research Methods 10 1.3.1 Research supermarket policy 10 1.3.2 Consumer research 12 1.3.3 Research case studies 12 2 Results 13 2.1 Sustainability initiatives fruits and vegetables incl. Marks 13 2.1.1 Sustainability labels fruit and vegetables 13 2.1.2 Sustainability Initiatives fruit and vegetables 17 2.1.3 Sustainability Themes 18 2.1.4 International perspective 22 2.2 Supermarket Policy sustainability fruit and vegetables 25 2.2.1 Purchasing Organization Fruit & Vegetables 25 2.2.2 Sustainability generally Fruit & Vegetables 27 2.2.3 Environment: Ambition & Policy and Implementation & monitoring 32 2.2.4 Social: Ambition & Policy and Implementation & monitoring 40 2.2.5 Training & Support 47 2.2.6 Seasonal Products 49 2.2.7 Food waste 50 2.2.8 Final questions: challenges and responsibilities of supermarkets 54 2.2.9 Summary of results by supermarket chain 55 2.3 consumer research 57 2.3.1 The concept of sustainability 57 2.3.2 Purchase of vegetables and fruits 58 2.3.3 Consumers sustainability in fruit and vegetables 59 2.4 Results of case studies 61 2.4.1 Strawberry 63 2.4.2 Banana 72 2.4.3 Paprika 82 2.4.4 Green Bean 89 Consumers
    [Show full text]
  • Retail Food Sector Retail Foods France
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 9/13/2012 GAIN Report Number: FR9608 France Retail Foods Retail Food Sector Approved By: Lashonda McLeod Agricultural Attaché Prepared By: Laurent J. Journo Ag Marketing Specialist Report Highlights: In 2011, consumers spent approximately 13 percent of their budget on food and beverage purchases. Approximately 70 percent of household food purchases were made in hyper/supermarkets, and hard discounters. As a result of the economic situation in France, consumers are now paying more attention to prices. This situation is likely to continue in 2012 and 2013. Post: Paris Author Defined: Average exchange rate used in this report, unless otherwise specified: Calendar Year 2009: US Dollar 1 = 0.72 Euros Calendar Year 2010: US Dollar 1 = 0.75 Euros Calendar Year 2011: US Dollar 1 = 0.72 Euros (Source: The Federal Bank of New York and/or the International Monetary Fund) SECTION I. MARKET SUMMARY France’s retail distribution network is diverse and sophisticated. The food retail sector is generally comprised of six types of establishments: hypermarkets, supermarkets, hard discounters, convenience, gourmet centers in department stores, and traditional outlets. (See definition Section C of this report). In 2011, sales within the first five categories represented 75 percent of the country’s retail food market, and traditional outlets, which include neighborhood and specialized food stores, represented 25 percent of the market. In 2011, the overall retail food sales in France were valued at $323.6 billion, a 3 percent increase over 2010, due to price increases.
    [Show full text]
  • Multi-Formatted Character of the Concentration of Retail Food Market in Poland
    OPTIMUM. ECONOMIC STUDIES NR 4 (94) 2018 Andrzej KONDEJ, PhD Faculty of Economics and Management, University of Bialystok e-mail: [email protected] ORCID: 0000-0002-8979-3590 DOI: 10.15290/oes.2018.04.94.21 MULTI-FORMATTED CHARACTER OF THE CONCENTRATION OF RETAIL FOOD MARKET IN POLAND Summary The paper discusses the issue of concentration of the retail food market in Poland. This phenomenon is dominated by the international operators of large-surface networks. However, the entities managing small-format networks are increasingly involved in it. The aim of the study is to identify and assess the multi-format nature of the concentration of this trade. The conducted analysis uses the results of own quantitative and qualitative research on the retail food market. The study includes the figures regarding the market as a whole, the results and data of particular networks and numerical analyses within commercial formats. The paper shows an ongoing process of market concentration with the participation of economic entities managing networks in all commercial formats in the years 2010-2017. Additionally, it was found that the intensity of this phenomenon presents a declining tendency, which results from the diversified structure of the retail food market in Poland. Key words: concentration of the market, trade networks, formats, market structure JEL classification: F10 1. Introduction The concept of concentration is considered as the process of increasing the economic force and market position of the largest companies. The level of this phenomenon is determined by the degree of domination of these operators over other participants in a certain sector.
    [Show full text]
  • European Retail Trends Retailing in Europe and Country Profiles
    PRESENTATION FOR PLMA‘s Roundhouse Conference European Retail Trends Retailing in Europe and Country Profiles Nice, 26 February 2015 David Gray Niklas Reinecke 1planetretail.net Retail Analyst Retail Analyst Ageing Society, Single Households, Individualisation, Urbanisation, Mobilisation, Transparency in Production, Loss of Loyalty, Online Shopping, Two Nations Effect, Lifestyle, Situational Usage, Economisation, Cocooning, Smart and Hybrid Shopping, Sustainability, Technological Progress, Energy Saving, Regional Sourcing, Faster Innovation Cycles, Renovation Cycles, Rise of Independent Shopkeepers, Proximity Retailing, Energy Costs, Rising Food Prices, Direct-to-Consumer, Demand for Protection, Verticalisation, Cartel Control, Oligopolisation, Discounting, Multichannel Shopping, Event Shopping, Foodservice, Complexity! Europe from a Macro Perspective Europe from a Macro Perspective - Share of Modern Food Retail Format Sales A few markets in CEE see very high levels of modern food retail similar to Western European markets. Europe: 2014 (%) 4 Source: Planet Retail. Europe from a Macro Perspective – GDP Real Growth Economic recovery is not universal. Markets are in different stages. Europe: GDP Real Growth 2014 (%) +2.1% +1.8% Finland -0.2% Sweden Norway +1.2% +2.7% +0.2% +3.0% Estonia +1.5% Russia + % Latvia 3.6 Denmark +3.2% Lithuania +1.0.% +0.6% +3.2% Belarus Ireland Netherlands +1.4% United +1.0% +2.5% +8.9% Kingdom Poland +2.4% Belgium Germany Czech Rep +2.8% Ukraine +1,2% +1.1% Slovakia +2.4% +0.4% Austria Hungary France Switzerland Slovenia +0.7% Romania Moldova +5.0% Croatia Italy Serbia+3.4% +1.4% -1.1% Bosnia & -0.8% Herzegovina +3.2% -0.2% -0.5% Bulgaria +4.5% +1.3% +2.1% -6.5% +1.0% Macedonia Georgia Spain Albania Armenia Portugal +0.6% Azerbaijan Greece +0.7% Cyprus 5 Source: Planet Retail.
    [Show full text]