Market Report, "Retailing in Bosnia-Herzegovina", Published
Over the review period, retailing in Bosnia-Herzegovina was completely transformed. At the beginning of the review period until the recession of 2009, retailing expanded strongly driven by growth in the disposable income of consumers and on-going market consolidation and increased penetration of chained retailers in particular. During 2009 and 2010 retailing was affected by the global economic downturn, even declining in value terms during 2009. Disposable income of consumers contracted...
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