Category: Department Stores
Department Stores market research reports by Euromonitor International
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Department Stores in the Czech Republic
Department Stores in the Czech Republic Department stores remains a channel in decline in the Czech Republic. Mandatory store closures and other restrictions during the first half of 2021 continued to put pressure on sales, while department stores also continued to suffer from the shift towards e-co ... Read More
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Mixed Retailers in Estonia
Mixed Retailers in Estonia After a year during which sales fell sharply, mixed retailers saw a return to growth in 2021. This growth was not enough to compensate for the decline in sales in the previous year, however. Department stores, the largest part of the channel in value terms, has been under ... Read More
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Retailing in Estonia
Retailing in Estonia Broadly speaking, the country’s economy emerged from the pandemic in a far better condition than anticipated. Most consumers have not experienced significant financial problems and the country’s GDP rebounded quickly in 2021. The ongoing restrictions on in-store numbers, social ... Read More
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Mixed Retailers in Latvia
Mixed Retailers in Latvia Mixed retailers have seen a return to positive growth in 2021, following the decline in 2020 caused by the pandemic. However, this has not been enough to restore value sales to pre-pandemic levels, and broadly speaking the whole category has been in decline in both constant ... Read More
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Mixed Retailers in Serbia
Mixed Retailers in Serbia Mixed retailers registered a decline in value sales in 2020, mainly due to outlet closures during the 2020 lockdowns. In 2021, there was a modest recovery, though with consumers feeling their finances squeezed, due to rising inflation and fallout from the pandemic, the non- ... Read More
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Mixed Retailers in Georgia
Mixed Retailers in Georgia Mixed retailers remains a tiny retail channel in Georgia, being represented by just four outlets of Best Price’s Fix Price variety stores chain. This chain expanded from one outlet at the start of the review period to four outlets from 2018 onwards, accounting for all sale ... Read More
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Retailing in Latvia
Retailing in Latvia Retailing has seen recovery in 2021, as the government response to the pandemic has seen the economy begin to reopen and consumers resume pre-pandemic habits. The relaxation of lockdown measures, including restrictions on store opening, as well as improving vaccination numbers an ... Read More
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Department Stores in Poland
Department Stores in Poland The concept of department stores was already losing favour with Polish consumers prior to the emergence of COVID-19, who increasingly perceived the channel to be outdated. Local consumers increasingly appreciate shopping at specialist stores with branded products, with fu ... Read More
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Retailing in Georgia
Retailing in Georgia In 2021, as society opened, and COVID-19 infections fell, consumers began spending again and updating their wardrobes, as they socialised again. As a result, current value sales in retailing grew after a decline in the previous year. The Georgian economy is quite dependent on th ... Read More
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Retailing in Serbia
Retailing in Serbia Growth in value sales in retailing was slightly lower in 2021 than in 2020, as consumers felt their finances being squeezed due to the fallout of the pandemic and there was also inflationary pressure. All the same, certain retailers performed better than others. For instance, tho ... Read More
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Retailing in Kazakhstan
Retailing in Kazakhstan After the slowdown in 2020, value sales in retailing in Kazakhstan returned to double-digit growth in 2021. This was facilitated by the easing of COVID-19 restrictions, including the removal of the quarantine, which allowed people to freely visit and make purchases in both gr ... Read More
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Mixed Retailers in Kazakhstan
Mixed Retailers in Kazakhstan Mixed retailing was one of the strongest performing channels in 2020 thanks to being mostly represented by variety stores. These outlets offer various products at low prices – something that was greatly appreciated by economically hit consumers. Furthermore, variety sto ... Read More
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Retailing in Hungary
Retailing in Hungary COVID-19 and the resultant immediate adjustments to retailers’ daily operations remained the key driver of most changes in retailing in Hungary at the end of the review period. In 2020, retailers learned how to adapt quickly to sudden changes, such as new regulations on opening ... Read More
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Mixed Retailers in Costa Rica
Mixed Retailers in Costa Rica Prior to the pandemic, leading mixed retailers Pequeño Mundo, El Rey, Ekono, Aliss and Siman were the go-to stores for consumers looking to browse new products and enjoy more experiential shopping. The crisis has brought a slight halt to this. Many consumers have become ... Read More
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Mixed Retailers in Guatemala
Mixed Retailers in Guatemala Department stores struggled and retail value sales plummeted in 2020, thanks to department stores being closed for much of the year due to COVID-19 restrictions. Later in the year, department stores started reopening but consumers shopped less often than before. However, ... Read More
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Retailing in Costa Rica
Retailing in Costa Rica The initial impact of the pandemic that was characterised by uncertainty, and pushed consumers to stay at home and buy in bulk, is fading. Consumers are more aware of the safety measures needed to avoid COVID-19 contagion, and even though complete vaccination of the populatio ... Read More
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Retailing in Guatemala
Retailing in Guatemala Restrictions with a corresponding national lockdown were imposed swiftly in March 2020 when the country reported its first COVID-19 death. The Guatemalan government’s measures to curb the spread of the virus were very restrictive until July 2020. Many malls and businesses were ... Read More
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Mixed Retailers in Azerbaijan
Mixed Retailers in Azerbaijan Retail sales through mixed retailers remained negligible in 2021, and this situation is not expected to change in the forecast period. Euromonitor International's Mixed Retailers in Azerbaijan report offers insight into key trends and developments driving the industry. ... Read More
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Department Stores in Nigeria
Department Stores in Nigeria The retail current value sales of department stores rose during 2021, as daily life began to normalise and consumers began to spend again. The middle- and high-income consumers that are the mainstay of department stores increased their discretionary spending before those ... Read More
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Mixed Retailers in Uzbekistan
Mixed Retailers in Uzbekistan Toshkent Univermagi TPO led department stores in 2021, with its Tashkent-based outlet, Toshkent Markaziy Univermagi. The store offers an enormously wide variety of products, ranging from paintings to dishes and silks to souvenirs. Towards the end of the review period, T ... Read More
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Retailing in Pakistan
Retailing in Pakistan The COVID-19 pandemic had a markedly divergent impact on channels across retailing in 2020. Grocery retailers maintained strong current value sales growth, benefiting from stockpiling that led to a surge in demand in early-2020 amid the global pandemic for grocery retailers. Eu ... Read More
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Department Stores in Canada
Department Stores in Canada Department stores was heavily affected by the sharp drop in tourism, reduced store traffic and declining discretionary spending in light of the Coronavirus (COVID-19) pandemic. Department stores suffered as they did not have an efficient digital strategy to overcome pande ... Read More
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Retailing in Canada
Retailing in Canada Canadian retailing was forced to adapt quickly to the fast-changing realities imposed by Coronavirus (COVID-19) during 2020 and 2021. The major shift from brick-and-mortar to e-commerce retailing continued during early 2021, as many consumers did not feel safe visiting physical s ... Read More
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Retailing in Nigeria
Retailing in Nigeria In 2021, the Nigerian economy gradually recovered from the effect of the pandemic. The economic impact of the pandemic was exacerbated by a sharp decline in the price of crude oil – Nigeria’s main export – which led to a decline in the foreign-exchange value of the naira, result ... Read More
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Mixed Retailers in Tunisia
Mixed Retailers in Tunisia Mixed retailers saw a significant decline in current value terms in 2020, primarily due to the mandated closure of variety stores and warehouse clubs during the lockdown in the first half of the year. While the restrictions were eventually eased in May and variety stores a ... Read More
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