New Market Report Now Available: Home and Garden Specialist Retailers in Slovakia
In spite of the unemployment rate exceeding 14% in 2013 and stretched consumer budgets as a result of austerity measures, home improvement and gardening stores performed well during the year. Growth came from more promotions, and more importantly, from a newly-opened outlet (by Hornbach Baumarkt SR, which opened its third store in Slovakia). Local players are optimistic regarding the potential of home improvement and gardening and thus are striving to improve their sales. For example, BauMax SR...
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