Non-Grocery Retailers in Belarus - New Report Available
The recession had an impact on the development of non-grocery retailers in Belarus. There was a spike in consumption of non-grocery goods in the middle of 2011, when many consumers in an attempt to secure their savings, were engaged in 'panic buying', purchasing durable and semi-durable goods, as they expected high prices to increase in the near future. The spike in purchases of non-grocery goods was observed immediately after the devaluation and faded within a month. Many consumers bought...
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