Discount Stores Market Research Reports & Industry Analysis
Discount stores are directed to a specific demographic; normally lower to middle income customers. The demand for this industry is pushed by the spending habits of customers and the population increase that may happened in the regions of the discount stores. The overall profits of independent discount store companies depends on their ability to stay competitive in terms of pricing, increase their revenue per square foot, sufficiently locate stores, advertize product efficiently, and manage the supply chain. Smaller companies put more focus on developing niche markets for some products, or finding an untapped market. Bigger companies have an edge within the industry as they are more readily capable of negotiating lease terms for store space, and bargain for lower prices with their suppliers.
Discount Stores Industry Research & Market Reports
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Running Gear Market Report by Product (Running Footwear, Running Apparel, Running Accessories, Fitness Trackers), Gender (Male, Female, Unisex), Distribution Channel (Specialty and Sports Shops, Supermarkets and Hypermarkets, Department and Discount Stores, Online, and Others), and Region 2024-2032
... Region 2024-2032 The global running gear market size reached US$ 41.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 69.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% ... Read More
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Convenience Retailers in Singapore
... schools and offices, as the impact of the pandemic wanes in Singapore. Therefore, increased movement island-wide is benefiting convenience stores, as this channel serves on-demand impulses and the immediate requirements of grocery consumers. These outlets ... Read More
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General Merchandise Stores in Singapore
... economic climate, and rising prices as a result of inflation and global socio-political uncertainties, many consumers reduced their discretionary spending (such as on bigger-ticket items) and sought to stretch their budgets. This scenario continued to ... Read More
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Convenience Retailers in Spain
... rise in tourism which supported the growth of convenience stores n centrally located areas. Furthermore, the increase in domestic travel coupled with large numbers of consumers returning to the workplace and business travel supported the ... Read More
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Convenience Retailers in Vietnam
... Z consumers and students, gaining attention through an image of modernity. These outlets offer a wide range of goods and often boast dining areas with air conditioning, setting them apart from traditional retail stores in ... Read More
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Discounters in Slovakia
... increase in current value sales, though constant value sales fell. Several new outlets also opened. Euromonitor International's Discounters in Slovakia report offers insight into key trends and developments driving the industry. The report examines all ... Read More
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Convenience Retailers in Slovakia
... in other grocery retailers. As such both constant and current value sales fell. Some outlets also closed in 2023. In addition, convenience stores were unable to compete with the larger grocery retailers such as Lidl, ... Read More
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Discounters in Norway
... out lower prices when grocery shopping. Price pressures have shifted consumer spending away from premium, sustainable and local brands. In general, consumers searched for promotional deals and offers in 2023, sustaining a relatively stable performance ... Read More
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Convenience Retailers in Thailand
... size boosted demand for smaller-format stores in convenient neighbourhood locations. Consumers can find everything they need in their local convenience store, with these retailers expanding and adapting their ranges as demand grows. Leading convenience stores ... Read More
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Discounters in Spain
... behind where many people chose to shop for their groceries, which benefited discounters with these stores having a reputation for offering highly competitive prices. Discounters also benefited from an improved perception of their private label ... Read More
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Discounters in Hungary
... Aldi (Aldi Magyarország Élelmiszeripari Kereskedelmi Bt) and Penny Market (Penny Market Kft), with the latter two neck-and-neck in their consecutive brand shares. Also, interestingly, Lidl is also in a close second place in retail in ... Read More
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Discounters in Argentina
... of private label options covering a wide range of categories, such as from food to home care. These private label alternatives to branded products are gaining traction among the growing number of price-sensitive consumers in ... Read More
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Discounters in South Africa
... a 14-year high of 14.4% in March, South African consumers remained constrained by challenging economic conditions, which translated into stagnating real GDP growth at 0.3% and a persistently high unemployment rate at above 32%. Euromonitor ... Read More
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Convenience Retailers in Argentina
... benefits for convenience stores towards the end of the review period. These outlets were favoured by some consumers, who opted to prioritise essential products and avoid overspending. In Argentina, convenience stores are part of large ... Read More
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Convenience Retailers in the Czech Republic
... convenience retailers are unable to compete with larger retailers and so current value sales have weakened in 2023. As the increased cost-of-living in the Czech Republic has urged many consumers to look for better prices, ... Read More
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Convenience Retailers in Morocco
... outlets like Hanout and souks but also from emerging channels such as discounters. The phenomenon of cannibalisation, extending beyond conventional competitors, underscored the need for innovative approaches to differentiation and value proposition. Euromonitor International's Convenience ... Read More
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Discounters in Morocco
... affordable shopping alternatives, favouring discounters over traditional formats like convenience stores and supermarkets. This trend was further supported by the continued expansion of discounters' outlet networks, with a total of 625 outlets toward the end... ... Read More
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Discounters in the Czech Republic
... overriding factor when purchasing most household goods. Czechs are looking for the best value they can get for their money but also for the cheapest products. Since the lowest prices of household and grocery products ... Read More
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General Merchandise Stores in Austria
... one of the areas least affected by the generally sharp drop in consumer sentiment. Consumers enjoyed browsing through the wide product ranges at budget prices enjoying the fact that at least in variety stores everything ... Read More
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Discounters in Nigeria
... consumers became increasingly hesitant to make bulk purchases, opting instead to frequent outdoor markets where prices could be negotiated or bought in bulk at near wholesale rates. This reluctance to buy in bulk contributed to ... Read More
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Discounters in the Philippines
... lifestyles, including the return of consumers to their physical offices, Filipinos were more likely to seek out smaller-format stores, such as convenience stores, which enabled a faster shopping experience. These were typically located close to ... Read More
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General Merchandise Stores in Canada
... change their shopping habits towards the end of the review period. With budget conscious consumers paying more attention to pricing and actively searching for the best deals, discount orientated retailers received a boost. Euromonitor International's ... Read More
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Convenience Retailers in Nigeria
... and a large segment of financially excluded consumers, severely impacted sales in the first quarter. Cash became scarce, resembling a precious commodity, hindering consumers' ability to make daily purchases. Convenience stores, reliant on cash transactions, ... Read More
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Discounters in Bulgaria
... in constant value sales. Several new outlets also opened. Euromonitor International's Discounters in Bulgaria report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. ... Read More
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Convenience Retailers in Malaysia
... and service industry personnel were working from home during the year. Many consumers thus preferred to shop for groceries in stores conveniently located in their local neighbourhoods. As a result, convenience stores chains such as ... Read More
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