Due to the Sunday trading ban we can expect a decrease in retail trade in Poland. On the other hand retail sales were generally higher by 8 pct in 2017, therefore, the anticipated short-term drop of sales could be mitigated within 6-9 months in terms of absolute numbers.
Some of the turnover in Sunday retail trade may be transferred to the remaining days of the week; however, due to the loss of compulsive shopping, i.e. unplanned purchases, overall turnover is predicted to decrease. This will be felt by clothing stores, which are key tenants in shopping centres, electronics & home appliance stores and for all the other products that require time for purchasing decisions to be made as well as for those that benefit from compulsive purchases.
The greatest declines will be incurred by the food & beverage sector within shopping centre food-courts, which cannot make up for lost sales on other days of the week.
In super- and hypermarkets the average sales on Sunday are lower than
Modern offices for modern officials
Modern offices for modern officials
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...
Newmark Polska
Minimalism or a wealth of features? How companies view offices?
Minimalism or a wealth of features? How companies view offices?
The office market showcases two polar opposite trends in how companies approach leasing and arranging spaces, which can be described as a wealth of features and minimalism. Two d ...
Walter Herz
Office spaces in logistics centres: an alternative to office buildings?
Office spaces in logistics centres: an alternative to office buildings?
The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up. Recent data on overall tenant activity indicates that clients in the cap ...
Axi Immo