MGR Industry Growing Off A Low Base

Despite coming off a low base, BMI expects Lebanon's mass grocery retail (MGR) industry to register fairly modest growth to 2014 with headline average annual sales growth of 2.56% forecast. Arguably underlining the undeveloped position of Lebanon's food and drink industry relative to most of the wider Middle East region, the informal independent grocery sector currently contributes an estimated 70% to grocery

To read the full article, please choose one of the following options: