Grocery Retail Under Inflation Pressure

How did inflation after 2022 change prices and shopping behavior in grocery retail?

After 2022, inflation in food and retail significantly affected prices and customer behavior, although the situation is gradually stabilizing.

How long did the decline in real sales and pressure on margins last?

Real retail sales declined from mid-2022 and were below the January 2019 level in mid-2023.

Why are discount stores gaining importance in grocery retail competition?

Competition in the market remains high and margins are under pressure.

How many shopping channels do Slovak households commonly use?

Discount stores are growing and part of the market sees them as a convenience-and-value format, not just a low-cost channel.

How many channels do most Slovak households typically use over the course of a year when buying groceries?

Seven out of ten Slovak households shop through four to six channels over the course of a year.