Decline in Fast Food Traffic in Summer 2024 – Fewer Customers, Longer Visits

During the holiday season, the footfall in pizzerias decreased by 10.3%, while establishments offering sandwiches and chicken meals experienced a drop of 3.2%. Both types of restaurants saw a...

Demographic Picture of the Polish E-commerce Market. Nearly 70 Thousand Companies, 41.3% of Online Stores Belong to Women.

With regards to the pace of new companies emerging, the Polish e-commerce market is...

ESG becomes a key focus for Polish companies, driving investments in talent and sustainable development strategies

ESG is becoming a key element of business strategies for Polish organisations, responding to...

Thanks to a Strong Zloty, the New iPhone Drops in Price by 20%

Yesterday, Apple unveiled the new iPhone 16. The stock market reaction was moderate, with...

Return Processes on Chinese E-commerce Platforms: Key Differences Between AliExpress, Shein, Temu, and European Competitors

A recent study on the returns process on Chinese e-commerce platforms, based on an...

Polish stores finished 2023 with a slight loss, with hypermarkets taking the biggest hit

An analysis of consumer behavior in over 37 thousand grocery and industrial shops has shown that a nearly imperceptible downturn in footfall occurred in...

Price is no longer the only factor that consumers consider when choosing a store. Trust and a wide selection are now more important

Price criteria continue to matter when making purchases, but consumers place more importance on trust in a brand and a wide variety. Indeed, they...

AI will revolutionize e-commerce. Spending on VR and AR in Europe will grow by approximately 22% annually

In November and December of last year, over 17 percent of all Christmas orders were influenced by artificial intelligence, translating to $199 billion –...

Legal changes in cross-border trade: how will they affect Polish e-commerce in 2024?

CESOP, DAC7 directive and SUP- these are some of the most significant legal changes that e-sellers will have to adapt. What provisions regarding cross-border...

Columbus Energy accelerates expansion in the Czech market

The Czech company Columbus Energy a.s. has won the tender for the supply and installation of photovoltaic installations for the city of Brno. Columbus Energy...

Retail Prices in Poland to Continue Rising in Q1 2024

In the first quarter of this year, retail prices will continue to rise, but at a slower pace than the previous year. However, Poles...

Retail Prices Expected to Rise Moderately in Q1, But Easter and VAT Hike Could Fuel Further Increases

The first quarter in retail stores is expected to be relatively stable. Year on year Prices will rise by an average of 6-8 percent. The...

Symfonia Group Expands into Romania with Softeh Plus Acquisition

Symfonia Group enters international market with its first acquisition outside Poland. Symfonia Group, a leader in the Polish market of ERP and HCM solutions for...

AI, E-Commerce, and Digital Wallets: Trends Shaping the Retail Industry in 2024

In the holiday season of 2023, the highest average discount rate was recorded since 2020. Another noticeable trend is the significant increase in purchases...

Store Prices to Continue Rising in First Quarter of 2024

According to experts, prices in stores will continue to rise in the first quarter of this year, though probably at a slower annual rate...

Polish E-commerce Industry Prepares for New Challenges and Opportunities in 2024

The estimated value of the Polish market is around 120 billion PLN. Although in 2023 both national and global e-commerce had to face numerous...

5 e-commerce trends that defined 2023

Five years on from what proved to be a fundamental transformation of the e-commerce landscape, consumer habits continue to evolve. This year, consumers increasingly...

Retailers Cut Back on Promotions Due to Rising Costs and Inflation

In the first three quarters of this year, the number of promotions in retail stores fell by nearly 15% year on year. The biggest...

Retail Traffic Declines in November 2023

Data from the monitoring of behaviors of over a million consumers suggests that in November of this year there was a decrease in traffic...

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