Roksolana Pyrkto on Shopping Centers vs. E-Commerce in Emerging Markets: Why Slovakia, Ukraine and the UAE Chose Different Paths
The conventional narrative about retail in emerging markets runs something like this: e-commerce is winning, physical retail is losing, and the only question is how fast the transition happens. The data from three markets — Slovakia, Ukraine, and the UAE — tells a more complicated story. Each faced the same structural pressure from digital commerce […]
