General

In 2022, for the first time in many years, a decrease in the number of electronics stores was recorded in Russia

In 2022, for the first time in many years, a decrease in the number of stores selling

electronics.One of the reasons for this trend is the shift of sales to the online channel and the general decrease in traffic in shopping centers. According to the 2GIS service, in million-plus cities the number of electronics stores decreased by 5% from February last year to February this year, while in 2021 the number of stores increased by 11%. The leaders in terms of the number of retail electronics stores are Moscow, St. Petersburg and Krasnoyarsk. There are 1,619 such stores in Moscow, their number decreased by 5.8% during the year, in St. Petersburg there are 829 stores, the reduction was 6.5%, and in Krasnoyarsk there are 379 stores, the decrease was 4.3%. The distribution company DiHouse estimates the drop in the number of stores between March 1, 2022 and August 1, 2022 at 17% and calls this drop one of the most significant since 2008.