Polish retail industry saw the number of bankruptcies rise for the second consecutive year in 2017, by over 14% year on year, and the trend may continue, expertPolish retail industry saw the number of bankruptcies rise for the second consecutive year in 2017, by over 14% y/y, and the trend may continue, experts comment.
The wave of bankruptcies is tied to the increased consolidation activity in the industry, they say.
Apart from grocery retailers, cosmetics and electronics stores may be affected as they are suffering from competition of online and discount stores.s comment. The wave of bankruptcies is tied to the increased consolidation activity in the industry, they say. Apart from grocery retailers, cosmetics and electronics stores may be affected as they are suffering from competition of online and discount stores.