Just Published: "Croatia Retail Report Q3 2016"

Croatia is finally emerging from a six-year long recession ; however , we are expecting the recovery to remain slow and fragile. High levels of unemployment, particularly among the young population, will restrict income growth and prevent an important consumer group from engaging fully in the retail sector. Potential political instability combined with a poor fiscal situation will place additional constraints on the retail sector. Despite, this we are expecting tourist arrivals to continue to rise throughout our forecast period.

Key Views & Developments

The Mall of Split officially opened the public on the 3rd of March 2016 in the city of Split. UK-based retailer Debenhams expects open a 2,500 square meter store in Westgate Shopping City shopping centre in Zagreb. The launch is planned for September 2016.

IKEA has announced plans to invest EUR88mn in a 50,000 sqm designer outlet complex located in the east of Zagreb. The Croatian Financial Agency (FINA) has reported that the top ten commercial retail chains in Croatia generated an income of USD5.3bn in 2015, a strong increase from the previous year.

Full Report Details at
- http://www.fastmr.com/prod/1191628_croatia_retail_report_q3_2016.aspx?afid=301

The Croatia Retail Report has been researched at source and features BMI Research's independent assessment and forecasts for the retail sector. The report examines key drivers of retail sales growth and future prospects, including consumer spending and private sector investment.

BMI's Croatia Retail Report also examines the level of development and potential for growth of the retail sector, the commercial initiatives of major players, changing consumer demographics that influence demand and the regulatory environment. Key sub-sectors include mass grocery retail, autos, over-the-counter pharmaceuticals, computers and consumer electronics.

Key Benefits
Benchmark BMI's independent retail industry forecasts for Croatia to test other views - a key input for successful budgeting and strategic business planning in the Croatian retail market.
Target business opportunities and risks in Croatia through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, plus a discussion of major industry developments and a snapshot of key short-term demand-driving macroeconomic movements.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the retail sector and within the broader political, economic and business environment.

BMI Industry Forecasts

There are four separate 5-year forecast modules in the retail reports. These are:

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