Retail

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How much of a concern is oversupply in the retail sector, and who benefits in this situation?

Chapter | Retail from The Report: Qatar 2020

In response to the blockade imposed by some of its neighbours in June 2017 Qatar has expanded its trading relationships, particularly with Iran, Turkey and Russia. The country has also promoted its own domestic industries to help surmount limitations on imports. As a result, the retail sector has shifted towards locally produced goods, especially in food and luxury segments. The supply of...

Qatar has demonstrated considerable resilience in recent years, successfully developing new homegrown industries while at the same time strengthening its global ties. Although Covid-19 has introduced significant economic uncertainties in 2020, a rapid response from Qatar's authorities to curb the effects of the virus should stand the nation's economy in good stead over the medium and long term.

E-commerce firms in Indonesia are reporting higher volumes of online sales as consumers practise social distancing amid the Covid-19 outbreak, with the government looking to the flourishing sector as one means of addressing tax shortfalls resulting from the wider economic slowdown.

Restrictions on movement and trade as a result of the Covid-19 pandemic have led to a significant shift in consumer behaviour in Saudi Arabia, with locals increasingly turning to digital channels.

Small and medium-sized enterprises (SMEs) drive global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. The rise of SMEs has been crucial to economic diversification and resilience, particularly in countries vulnerable to commodity price...

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