Category: Department Stores
Department Stores market research reports by Euromonitor International
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Department Stores in Romania
Department Stores in Romania There were no department stores operating in Romania during 2021 and it is considered very unlikely that such retail outlets will emerge in the country during the forecast period. Department stores have a very old-fashioned image in the country due to their being associa ... Read More
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Department Stores in Russia
Department Stores in Russia The COVID-19 pandemic saw operators of department stores shift their focus towards online sales with their physical outlets being significantly affected by quarantine regulations. Although the e-commerce platforms of the main players continued to grow in 2021 in-store sal ... Read More
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Retailing in Russia
Retailing in Russia There was polarisation being observed within grocery retailing in Russia in 2021. On the one hand, there was increased consumer demand for high-quality groceries, a high level of service and modern technologies, as seen in Perekrestok, Magnit and Lenta outlets. On the other hand, ... Read More
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Department Stores in Greece
Department Stores in Greece The retail current value sales of department stores plunged by almost half during 2020 and recovered only partially in 2021. Department stores was the worst-performing sector in retail during 2020. Forced to closed for an extended period during the first lockdown in sprin ... Read More
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Department Stores in Vietnam
Department Stores in Vietnam Due to the national lockdown and ongoing social distancing in response to COVID-19, department stores experienced a strong decline in current value sales in 2021. During the lockdown which began in June, the channel was deemed non-essential and therefore subject to manda ... Read More
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Retailing in Australia
Retailing in Australia Retailing in Australia has witnessed significant shifts in recent years, as the inevitable advance of e-commerce has changed the way consumers shop for various products. Nevertheless, nothing in the modern evolution of the industry compares to the disruption caused by the emer ... Read More
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Retailing in Austria
Retailing in Austria Retailing continued to perform well and will retain solid growth in 2021 despite the COVID-19 pandemic continuing to significantly affect Austria. The economy continued to suffer under low tourism (especially from long-haul destinations), which led to reduced spending in non-ess ... Read More
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Department Stores in Australia
Department Stores in Australia Even before the outbreak of COVID-19, department stores had been under pressure with the channel losing sales to other retailing channels and e-commerce. The decline continued in 2020 as the first national lockdown in April resulted in significantly lower footfall in s ... Read More
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Department Stores in China
Department Stores in China Department stores saw a notable current value decline in 2020, due to temporary outlet closures as a result of the pandemic, as well as consumer caution in spending on non-essentials. However, the channel showed dynamic recovery in 2021, far exceeding the pre-pandemic leve ... Read More
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Department Stores in Austria
Department Stores in Austria Department stores continues to play only a minor role in retailing in Austria in 2021 with most consumers favouring shopping centres instead. Steffl in Vienna and Kastner & Öhler Warenhaus’ flagship store in Graz remain the only department stores in the country, being th ... Read More
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Retailing in Morocco
Retailing in Morocco Having declined significantly during 2020, retailing current value sales recovered only marginally in 2021. 2020 saw a sharp divergence in performance between grocery retailers and non-grocery specialists on the one hand and store-based retailing and non-store retailing on the o ... Read More
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Retailing in Belgium
Retailing in Belgium In 2021, the retailing environment in Belgium benefitted from the gradual lifting of restrictions related to COVID-19. Indeed, whilst store-based sales in non-grocery showed recovery, e-commerce continued to record strong growth in the year due to the relatively low penetration ... Read More
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Department Stores in Belgium
Department Stores in Belgium Department stores in Belgian is a small category, with only two players, Hudson's Bay Co and Sogesma SA. Following a very negative 2020 due to stores closures, and mobility and social life restrictions, the channel recovered partially in 2021 thanks to the gradual recove ... Read More
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Department Stores in Morocco
Department Stores in Morocco COVID-19 had a significant negative effect on the retail current value sales of department stores during 2020, and they continued to decline in 2021 – albeit at a most modest pace. Lockdown measures meant that department stores were closed for an extended period during 2 ... Read More
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Department Stores in South Africa
Department Stores in South Africa Edcon has effectively exited the south African retailing landscape, after operating in the market for over nine decades. The move followed 45-day trade restrictions imposed by the government from 26 March 2020 in response to the pandemic, which translated into up to ... Read More
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Retailing in France
Retailing in France The recovery of retailing in 2021 was impressive but totally correlated to GDP growth of over 6% in France in the context of a return to a greater degree of normality since the spring of 2021, acceleration of the vaccination programme in August, ongoing strong growth of e-commerc ... Read More
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Department Stores in France
Department Stores in France Even though players were less pessimistic towards the end of 2021 than they were during the first six months of the year, department stores remained one of the most negatively affected channels within store-based retailing from the pandemic over 2020-2021. The impressive ... Read More
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Retailing in South Africa
Retailing in South Africa Despite an overall recovery in terms of value sales in 2021, the South African retailing landscape remained subject to slow economic recovery across labour-intensive sectors such as tourism and hospitality, a trend translating into a stagnating unemployment rate and low spe ... Read More
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Department Stores in the United Arab Emirates
Department Stores in the United Arab Emirates After experiencing dramatic declines in all major metrics in 2020, travel in the United Arab Emirates rebounded in 2021. Domestic, inbound and outbound trips all grew at double-digit rates, as did the current value sales of airlines, lodging, car rental ... Read More
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Retailing in the United Arab Emirates
Retailing in the United Arab Emirates In 2021, the United Arab Emirates witnessed a gradual economic recovery, mainly thanks to the return of tourists and a COVID-19 crisis largely under control. Pent-up demand from the previous year fuelled high levels of discretionary spending, and strong hiring r ... Read More
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Retailing in South Korea
Retailing in South Korea In 2021, social distancing measures enforced by the government to prevent the further spread of COVID-19 continued to affect channel dynamics in South Korea. E-commerce was a particular beneficiary of ongoing home seclusion, recording another year of double-digit current val ... Read More
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Department Stores in South Korea
Department Stores in South Korea South Korea’s department stores registered rapid recovery in 2021 due to rising demand for luxury items and consumer appliances. With the continued restrictions on outbound travel and reduced social activities, local consumers have spent disposable income saved from ... Read More
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Retailing in South Korea
Retailing in South Korea In 2021, social distancing measures enforced by the government to prevent the further spread of COVID-19 continued to affect channel dynamics in South Korea. E-commerce was a particular beneficiary of ongoing home seclusion, recording another year of double-digit current val ... Read More
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Department Stores in South Korea
Department Stores in South Korea South Korea’s department stores registered rapid recovery in 2021 due to rising demand for luxury items and consumer appliances. With the continued restrictions on outbound travel and reduced social activities, local consumers have spent disposable income saved from ... Read More
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Department Stores in Chile
Department Stores in Chile Adopting an omnichannel strategy has no doubt become the main route taken by department stores as the channel remains relevant to many local consumers. As one of the preferred channels chosen by Chileans to buy a wide range of products from apparel to home furnishings, dep ... Read More
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