Category: Discount Stores
Discount Stores market research reports by Euromonitor International
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Convenience Retailers in Australia
While value sales of convenience retailers in Australia, both via convenience stores and forecourt retailers, recorded low growth in 2024, the number of outlets in the channel continued to rise. A number of retailers expanded their networks during the year, including Ampol Ltd, 7-Eleven Stores Pty L ... Read More
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Discounters in Australia
Value sales through discounters in Australia fell in 2024, as the only brand in the channel, Aldi, closed underperforming stores. Nevertheless, value sales and store count remained significantly higher than pre-pandemic levels, with discounters still proving popular with price-sensitive consumers at ... Read More
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General Merchandise Stores in Australia
After a strong rebound in 2022 as pandemic-related restrictions were eased, department stores in Australia struggled to maintain momentum in 2023 and 2024, with minimal growth in retail value terms. The end of the lockdowns offered a short period of strong sales followed swiftly by high inflation an ... Read More
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General Merchandise Stores in Singapore
In 2024, general merchandise stores in Singapore struggled as a result of the strong Singapore dollar, which has influenced consumer spending in multiple ways. With rising living costs and greater caution around discretionary expenditure, many Singaporeans have reduced their outlay on non-grocery me ... Read More
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Discounters in Saudi Arabia
Retail value sales continued to grow rapidly in discounters, albeit from a low base, as this is a small category in Saudi Arabia. Outlet expansion in the discounter channel was aggressive in 2024, led by Al Dukan Retailing Co which is now backed by Kanyon Ltd, one of the leading discount retailers i ... Read More
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Convenience Retailers in Saudi Arabia
Convenience retailers was the second fastest-growing grocery retail channel in Saudi Arabia over 2024, following the rapidly expanding discounter model. Players are capitalising on the rapid pace of urbanisation and infrastructure development in Saudi Arabia to expand their network of convenience st ... Read More
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Convenience Retailers in Indonesia
Convenience retailers saw current value growth in Indonesia in 2024. During the year, both outlet numbers and value sales rose in the category. Convenience stores and forecourt retailers experienced similar growth trends in 2024. The addition of outlets in areas outside Java by the two brands with t ... Read More
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Convenience Retailers in Singapore
Convenience retail in Singapore saw changes in its competitive landscape in 2024. South Korean convenience store chain Emart24 entered the country in December 2022, introducing an array of Korean snacks, ready-to-eat meals and beverages, alongside seating for patrons to consume their purchases on th ... Read More
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Convenience Retailers in Hong Kong, China
Despite a marginal decline in 2024, driven by the dominant convenience stores, value sales through convenience retailers in Hong Kong remained significantly higher than pre-pandemic levels, while the number of outlets continued to rise. The channel is appreciated for offering products at more compet ... Read More
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General Merchandise Stores in Hong Kong, China
Value sales of department stores in Hong Kong recovered in 2024, following a decline the previous year, while the number of outlets continued to rise. Sales were supported by the increase in new shopping centres and the emergence of unique stores which opened during the year. Despite the fact that m ... Read More
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Discounters in Portugal
Discounters continued to benefit from consumers’ ongoing price-sensitivity in Portugal in 2024. Although interest rates have come down and stabilised since the high of 2022, the repercussions of this continue to affect the prices of goods and utilities, leading to reduced consumer spending power and ... Read More
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Convenience Retailers in Vietnam
Convenience stores in Vietnam recorded sustained growth in 2024, particularly in major urban centres such as Ho Chi Minh and Hanoi. A busy and modern lifestyle fuels this trend, and younger consumers - especially Gen Z and students - are increasingly drawn to the wide product selection and air-condi ... Read More
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Convenience Retailers in Portugal
Convenience retailers benefitted from an ongoing increase in outlets in Portugal in 2024, which is cited to be at the detriment of small local grocers. This outlet expansion is due to partnerships with large distribution networks, with logistical support offered through the partnerships themselves, ... Read More
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Convenience Retailers in New Zealand
Convenience stores already charge higher prices compared to the modern channel, as consumers are normally willing to pay more at local stores where they stock up on a few essentials. With consumers becoming increasingly price sensitive in this economic climate, and prices rising, convenience stores ... Read More
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Convenience Retailers in Chile
Convenience retailers in Chile continued on its positive growth path in 2024, with brands enjoying an increase in both outlet and value sales terms. This trend was applicable to both convenience stores and forecourt retailers, driven by greater mobility and busy lifestyles. Convenience retailers ben ... Read More
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Discounters in Chile
Discounters in Chile remained a smaller grocery retail channel in the local market, with many local consumers still preferring to frequent supermarkets and hypermarkets in general, even with the slowdown of the economy in the last 2-3 years of the review period. While known for somewhat convenient p ... Read More
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General Merchandise Stores in Chile
After a difficult two years, with reduced spending power in an inflationary environment, alongside the important impact of e-commerce operations of the retailers present in the channel, department stores in Chile recorded healthy value growth in 2024. This was supported by the improvement of macroec ... Read More
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Discounters in Turkey
Discounters in Turkey emerged as a highly dynamic format in the grocery retail sector in 2024, with its success driven in large part by further openings of new outlets and their strategic locations in neighbourhoods, making them easily accessible. This positioning enables discounters to compete with ... Read More
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Convenience Retailers in Turkey
In 2024, convenience stores registered significant value sales growth in Turkey, driven in part by several new outlets opening. The compact size of these stores makes it easier to find suitable locations, and their widespread presence in numerous neighbourhoods allows them to capture market share fr ... Read More
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Discounters in Hungary
Discounters remained the single largest channel within grocery retailers in Hungary by value in 2024, and showed the fastest development in terms of growth in sales, outlet numbers and selling space. These results were underpinned by enduring appreciation for the competitive price positioning of thi ... Read More
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Discounters in Malaysia
As local consumers became more price-sensitive, discounters in Malaysia benefited from the challenging macroeconomic environment in 2024. Strong pressure on household budgets and the search for affordable products increased interest in discounting and price promotions, and formats like discounters. ... Read More
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Convenience Retailers in the Philippines
Convenience retailers in in the Philippines recorded a dynamic performance in current value terms in 2024. This was largely attributable to the aggressive activities of incumbent players, such as Philippine Seven Corp and SM Retail. which continued with their expansion plans for their 7-Eleven and A ... Read More
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Convenience Retailers in Malaysia
Convenience retailers in Malaysia continued to benefit from the opening of more stores located closer in terms of proximity to the neighbourhoods in which consumers live. Rapid expansion of closer proximity stores has been joined by aggressive promotional activities, in order to offer lower prices o ... Read More
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Convenience Retailers in Thailand
Urbanisation played a key role in supporting the growth of convenience stores in Thailand in 2024 with the channel seeing strong gains both in current value terms and in terms of the number of outlets. Increasingly hectic lifestyles and the rise of on-the-go consumption have significantly fuelled th ... Read More
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Discounters in the Philippines
Discounters registered only modest growth in current value terms in the Philippines in 2024, in light of a limited store count and fierce competition with other retailers. With the revival of hectic pre-pandemic lifestyles, including the return of consumers to their physical offices, Filipinos were ... Read More
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