back to top

    Marketplaces Decline Amidst Growing Competition

    Polish market stalls face closures due to competition from discount stores and online platforms, with 4,000 businesses affected in early 2024.

    In the first half of 2024, the number of businesses selling at Polish marketplaces dropped by 4,000, according to “Rzeczpospolita.” Data from Dun & Bradstreet reveals that nearly 800 retail stalls closed, and around 3,200 companies suspended operations. This significant decline is attributed to the rising competition from discount stores and online platforms.

    The Struggle of Traditional Sellers

    “Footwear, clothing, textiles, and food stalls are closing the fastest,” said Tomasz Starzyk, spokesperson for Dun & Bradstreet. He noted that local trade survives mainly due to the strong loyalty of nearby residents. However, the pressure of operational costs and the dominance of online and discount competitors make it challenging for these traditional sellers to thrive.

    A Long-Term Trend

    This downward trend has been persistent over the years. In the past 16 years, nearly 75,000 retail sellers have disappeared from Polish markets and bazaars. The competition and rising costs are pushing more traditional market vendors out, marking a significant shift in the retail landscape.

    More in section

    2,218FansLike
    372FollowersFollow
    536FollowersFollow