Category: Department Stores
Department Stores market research reports by Euromonitor International
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Mixed Retailers in Algeria
Mixed Retailers in Algeria Mixed retailers were the worst performing retailer in response to the COVID-19 pandemic in 2020, with value sales declining drastically. Two main factors contributed to the dramatic value decline. Firstly, the outlets were closed for several months of the year. Secondly co ... Read More
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Retailing in Algeria
Retailing in Algeria In 2020, the COVID-19 pandemic had a severe impact on retailing in Algeria. Firstly, the Algerian economy was hit by a double whammy in 2020 – COVID-19 and plummeting oil prices. Algeria is highly dependent on oil exports and this led to a devaluation of the dinar and a general ... Read More
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Department Stores in Egypt
Department Stores in Egypt The retail current value sales of department stores, which had already been in decline for most of the review period, plunged by more than a quarter during 2020 as they were particularly badly affected by pandemic movement restrictions. Seeing as there are relatively few o ... Read More
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Retailing in Egypt
Retailing in Egypt The retail market in Egypt is currently experiencing heavy penetrated from e-commerce platforms with up-and-coming digital marketplaces continuing to offer and ever-growing list of FMCG products. The impact of COVID-19 and the government’s campaign to digitalise payments is leadin ... Read More
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Department Stores in Mexico
Department Stores in Mexico Having plunged by more than a fifth during 2020 due to COVID-19 restrictions, the retail constant value sales (2021 prices) of department stores rebounded strongly in 2021, exceeding their pre-pandemic peak. The fact that the number of department stores expanded at a rapi ... Read More
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Retailing in Sweden
Retailing in Sweden After seeing higher than average growth in 2020 due to the COVID-19 pandemic, overall retailing maintained a similar current value performance in 2021. Grocery retailers performed particularly well in 2020. Life was more concentrated at home, with working from home, less travelli ... Read More
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Department Stores in Sweden
Department Stores in Sweden Even though there were no COVID-19 lockdowns in Sweden, unlike the majority of other European countries, and restrictions were much looser, the pandemic still resulted in a strong decrease in the number of visitors to department stores to avoid infection. In addition, the ... Read More
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Department Stores in Portugal
Department Stores in Portugal Home confinement and remote working as a result of the pandemic in Portugal changed consumers’ behaviour in 2020. This was reflected in the performance of the dominant department store chain El Corte Inglés (in value sales terms). The retailer suffered a considerable im ... Read More
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Department Stores in the US
Department Stores in the US Following a torrid stretch for the channel, department stores saw improved sales in 2021, going some way towards recouping the heavy losses incurred during the previous year. Discretionary spending – particularly on categories like apparel and beauty products that had bee ... Read More
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Retailing in the US
Retailing in the US In 2020, as the COVID-19 pandemic swept across the world, the US retailing landscape was fundamentally transformed. Mandates implemented in many US states and municipalities at the onset of the pandemic that forced retailers deemed “non-essential” to temporarily shutter stores pr ... Read More
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Retailing in Ireland
Retailing in Ireland 2021 proved to be another challenging year for retailing in Ireland. At the very end of December 2020, the Irish government announced strict lockdown measures in the country, including the closure of non-essential retail. In addition, citizens were required to stay at home excep ... Read More
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Department Stores in Ireland
Department Stores in Ireland Sales figures from department stores in 2021 remained much lower than those recorded pre-pandemic. The small increase in 2021 when compared to 2020 was due to the marginal improvement in footfall to bricks-and-mortar stores, which was the result of pent-up demand and the ... Read More
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Department Stores in Singapore
Department Stores in Singapore Department stores recorded improving sales in 2021, an uptick considering the steep decline of 2020. However, retail value sales were steadily declining over the review period. Worldwide, there was explosive growth for luxury goods and products with a premium or presti ... Read More
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Department Stores in Malaysia
Department Stores in Malaysia 2021 saw the Singapore-origin department store Robinsons become one of the highest-profile casualties of the COVID-19 pandemic in Malaysia as both of the Robinsons department stores in the country closed down permanently, with the retailer winding up its store-based ope ... Read More
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Department Stores in Saudi Arabia
Department Stores in Saudi Arabia Having plunged by a third during 2020, the retail constant value sales (2021 prices) of department stores recovered only party in 2021, as COVID-19 restrictions were significantly eased. Value-oriented department stores, such as Centrepoint and RedTag, performed bet ... Read More
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Retailing in Saudi Arabia
Retailing in Saudi Arabia Having exhibited a double-digit decline in retail constant value sales (2021 prices) during 2020, retailing recovered only marginally in 2021. Non-grocery specialists were particularly hard hit by the pandemic during 2020, with their retail constant value sales plunging by ... Read More
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Department Stores in the Netherlands
Department Stores in the Netherlands Department stores suffered significantly in 2020 as a result of lockdown measures and lower footfall in shopping areas. Number two player De Bijenkorf, for example, had to close all of its shops in March and April and move almost exclusively to online sales durin ... Read More
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Retailing in Italy
Retailing in Italy Overall, retailing in Italy in 2021 performed well. Many Italian consumers wanted to return to their normal lifestyles and were willing to spend and recover purchasing and consumption occasions lost during 2020 due to the Coronavirus (COVID-19) pandemic and related lockdown and ot ... Read More
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Department Stores in Italy
Department Stores in Italy The Coronavirus (COVID-19) pandemic informed a steep decline in retail current value sales in 2020, while the number of outlets and selling pace decreased strongly. Physical non-essential retailers struggled due to the government’s measures to cope with the public health c ... Read More
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Retailing in the Netherlands
Retailing in the Netherlands Even though there have been closures of non-essential retailers and people have been locked down at times over the last two years, retailing in the Netherlands as a whole has performed well during the pandemic, in both 2020 and 2021. Many Dutch consumers who were either ... Read More
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Department Stores in the Philippines
Department Stores in the Philippines In 2021, despite the gradual re-opening of the economy, shopping malls continue to suffer from slow foot traffic as consumers avoid potentially busy venues with large capacity. For example, Ayala Malls reports that foot traffic remains at around half the level of ... Read More
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Department Stores in Thailand
Department Stores in Thailand The retail current value sales of department stores plunged by around a fifth during both 2020 and 2021. Department stores operators were particularly hit hard by COVID-19, particularly during the lockdowns, when they were forced to temporary close their stores. Moreove ... Read More
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Department Stores in Indonesia
Department Stores in Indonesia Department stores has been amongst the retailing channels to be hit hardest by the COVID-19 crisis and, after experiencing a steep decline in the previous year, it was expected to see continued contraction in 2021. The large-scale social restrictions of PSBB and PPKM l ... Read More
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Department Stores in Peru
Department Stores in Peru Sales of department stores were strongly affected at the beginning of the pandemic due to the mandatory closure on all commercial activities considered non-essential as part of the measures to counteract the health emergency produced by COVID-19. This restriction lasted fou ... Read More
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Retailing in Peru
Retailing in Peru After a challenging and complicated year, retailing in Peru began to recover in 2021, as sales grew in relation to 2020. This was despite the fact that the pandemic had not yet been completely overcome. Moreover, while the vaccination campaign was progressing, over half the populat ... Read More
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