CI: 45,000 e-shops in CR, turnover up 20%

Published: 07.01.2021 Related countries:  South Africa South Africa

CI: 45,000 e-shops in CR, turnover up 20%

There were 45,000 e-shops in operation in the Czech Republic as of the end of 2020, the most online shops per capita in all of Europe. The turnover of e-commerce increased by almost 20% year-on-year. This stems from an analysis by Colliers International (CI), monitoring retail in times of pandemic. In Poland and the Czech Republic alone, more than 5,000 e-shops were newly established in H1 2020. In the same period, the no. of visitors in shopping centres dropped by 20-45% y/y. The volume of retail space in the Czech Republic reaches 4.2 million m2 in 232 facilities.