Groceries and alcohol make up a growing share of spending at Russian malls
Grocery stores and liquor stores account for most of the money spent by visitors to large shopping malls in Russia’s European part, the Russian business daily Kommersant reports.
Russian shopping malls are increasingly driven by grocery and liquor sales, according to a report from the business daily Kommersant. Data from Sampa, the operator of Sberbank's malls, shows that grocery stores' share of visitors' spending increased from 22% to 24%, while non-food purchases dropped from 8% to 5% over the past year.
Food-service outlets' share of spending fell to 6%. This trend is corroborated by Russia's state statistics agency, Rosstat. Experts quoted by Kommersant suggest that the rising grocery spending reflects declining consumer purchasing power and a shift towards essential categories. A side effect of this shift is a decline in overall mall turnover, including at grocery stores.
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