Category: Department Stores
Department Stores market research reports by Euromonitor International
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Department Stores in Israel
Department Stores in Israel Department stores in Israel was already posting declining sales and closing outlets prior to the pandemic, as operators in the channel have failed to reinvent themselves and are therefore increasingly perceived as outdated. These stores also tend to attract older generati ... Read More
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Retailing in Israel
Retailing in Israel The pandemic had a significant impact on retailing in Israel, with essential grocery retailers, especially discounters and traditional grocery retailers, and health-related channels such as drugstores/parapharmacies witnessing dynamic growth in 2020, as Israelis stocked up on sup ... Read More
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Retailing in Uzbekistan
Retailing in Uzbekistan The Uzbeki economy had been growing strongly prior to the pandemic, as the government’s liberalisation policies led to increased foreign investment and a diversifying economy, supported by a young population. The economy also looked set to recover quickly from the disruption ... Read More
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Retailing in Tunisia
Retailing in Tunisia COVID-19 continued to have an impact on the performance of retailing in Tunisia in 2021, especially during the first half of the year. With restrictions on movement and curfews being applied from January to July 2021, people were forced to stay at home and tended to consume more ... Read More
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Retailing in Norway
Retailing in Norway The pandemic continued to have a strong impact on sales in 2021, leading to continued current value growth albeit at a slower rate than in the first year of the pandemic. This is largely due to the travel and mobility restrictions which meant that consumers working from home were ... Read More
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Department Stores in Denmark
Department Stores in Denmark Department stores saw a small decline in value sales terms in 2021. This was mostly due to the mandatory closure of department stores for three and a half months at the start of the year due to a new wave of COVID-19 infections. Euromonitor International's Department Sto ... Read More
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Retailing in Kenya
Retailing in Kenya Lockdown measures and restrictions on movement disrupted economic activity in Kenya in 2020 resulting in increased unemployment and a reduction in the disposable income of many households. This led many consumers to reduce their discretionary spending. The sales of grocery retaile ... Read More
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Department Stores in Taiwan
Department Stores in Taiwan Whilst the country’s economy was relatively undisturbed by the pandemic in 2020, the COVID-19 outbreak in mid-2021 (May to July) greatly changed the consumption habits and lifestyles of the Taiwanese population, and had a significant negative impact on the sales of depart ... Read More
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Mixed Retailers in Uruguay
Mixed Retailers in Uruguay Department store chain, Lojas Renner, is the only mixed retailer present in Uruguay in 2021 and while it posted very healthy current value growth in 2021, value sales were still lower than before the onset of COVID-19. 2020 was a difficult trading year, as with eight of it ... Read More
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Mixed Retailers in Kenya
Mixed Retailers in Kenya There are only a handful of mixed retail outlets in Kenya, and as COVID-19 led consumers to tighten their belts and reduce their discretionary spending, 2020 was a difficult year for them. Variety stores are mostly frequented by young, urban consumers who like to go to such ... Read More
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Retailing in Uruguay
Retailing in Uruguay With the economy opening up in 2021 after the upheaval caused by the pandemic in 2020, retailing registered an increase in current value sales. However, its constant value growth was less, as inflation hit volume sales. Euromonitor International's Retailing in Uruguay report off ... Read More
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Retailing in Denmark
Retailing in Denmark 2021 started with another blow to store-based retailing in Denmark as a new wave of COVID-19 resulted in the forced closure of shopping centres and department stores. In late spring and over the summer, however, the situation improved and sales started to increase. As a result o ... Read More
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Retailing in Taiwan
Retailing in Taiwan Taiwan’s retail industry faced abrupt changes when an outbreak of COVID-19 upended consumers’ everyday lives in mid-May 2021 and restrictions were imposed by the government. Retail sales across channels saw completely contrasting performances. Consumers reprioritised what was ess ... Read More
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Department Stores in New Zealand
Department Stores in New Zealand The pandemic resulted in a subdued performance in 2020 due to reduced footfall, while an increasing number of consumers moved online, buying more often and spending more each time. The impact of COVID-19 on consumers’ lifestyles has further accelerated the digital sh ... Read More
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Retailing in New Zealand
Retailing in New Zealand The emergence of COVID-19 has had a wide reaching impact on retailing in New Zealand, with the lockdown and social distancing measures forcing consumers to reassess how they shop. Many local consumers have switched to shopping online – some for the first time – with this bei ... Read More
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Department Stores in Finland
Department Stores in Finland Department stores continued to suffer from an identity crisis in Finland in 2021 having lost their place in the world slightly in the face of growing cross-category competition. In addition to the bankruptcy of the Anttila chain, the channel witnessed decreases in outlet ... Read More
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Department Stores in Turkey
Department Stores in Turkey Rising from a low base due to the sharp contraction in retail sales in 2020, department stores saw low level growth in 2021. Growth was partly constrained by the continuation of lockdown measures: weekend lockdowns were in place throughout the first half of 2021 and full ... Read More
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Retailing in Finland
Retailing in Finland The dynamics in retailing in 2021 were still much shaped by the COVID-19 pandemic in 2021. 2020 was an exceptional year due to the surge in spending on groceries as consumers spent more time at home and consumer foodservice establishments were closed other than for takeaway and ... Read More
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Mixed Retailers in Bolivia
Mixed Retailers in Bolivia The mixed retailer category is comparatively underdeveloped in Bolivia. International department store brands like Fabalella or Ripley, which are popular in neighbouring countries, have yet to enter Bolivia. Similarly, mass merchandisers like Walmart or warehouse clubs lik ... Read More
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Retailing in Bolivia
Retailing in Bolivia The pandemic continued to shape purchasing behaviour among Bolivians in 2021. The impact of the crisis on the economy has been harsh; the year began in recession with GDP shrinking by an estimated -8% y-o-y. This has seen consumer price sensitivity sharpen, the adoption of more ... Read More
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Mixed Retailers in Dominican Republic
Mixed Retailers in Dominican Republic Mixed retailers registered a rebound after outlet closures for some mixed retailers during the 2020 lockdowns. In the Dominican Republic, mixed retailers mainly comprise of department stores and warehouse clubs. Department stores were closed for much of 2020, an ... Read More
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Retailing in Dominican Republic
Retailing in Dominican Republic While retailing registered an increase in current value sales in 2021, constant value sales actually fell. The pandemic continued to dampen value sales in 2021 for several reasons. Firstly, consumers were price sensitive, as the economic fallout of the pandemic affect ... Read More
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Retailing in Argentina
Retailing in Argentina While current value sales registered a double-digit increase in 2021, this growth was mainly due to soaring inflation and in fact in constant value terms, sales only rose slightly. The steep inflation rate is due to tough capital controls designed to keep the official peso rat ... Read More
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Department Stores in Argentina
Department Stores in Argentina Department stores were hugely negatively impacted by the pandemic and continued to be negatively impacted in 2021, as registered the steepest constant value decline among all retailers, apart from vending. Department stores are losing favour among consumers, with shopp ... Read More
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Department Stores in Hong Kong, China
Department Stores in Hong Kong, China Prior to the outbreak of COVID-19, mainland Chinese tourists represented a significant proportion of consumption in department stores in Hong Kong, with Sogo and Lane Crawford being two of the brands that benefited the most from sales to tourists. From 2020, the ... Read More
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