Category: Discount Stores
Discount Stores market research reports by Euromonitor International
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Discounters in Chile
Discounters in Chile While local consumers continued to search for more affordable products in 2023 due to high inflation and limited disposable incomes, discounters in Chile struggled to replicate the dynamic value growth and expansion witnessed during the previous two years. The channel did not ex ... Read More
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General Merchandise Stores in Hong Kong, China
General Merchandise Stores in Hong Kong, China General merchandise stores saw a second year of double-digit current value growth in Hong Kong in 2023, finally recovering to the pre-pandemic (2019) level of sales, after disruption due to the loss of tourist flows. Although variety stores saw slower g ... Read More
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Discounters in Brazil
Discounters in Brazil After several years of decline, discounters returned to low growth in current value terms in Brazil in 2023. However, outlet numbers continued to fall, and the channel has not been performing well compared with other grocery retail channels. The discounters model has failed to ... Read More
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General Merchandise Stores in Brazil
General Merchandise Stores in Brazil Although the number of outlets in general merchandise stores saw a slight rise in Brazil in 2023, current value sales saw a significant (double-digit) decline. With the accounting inconsistencies of Americanas in recent years coming to light at the beginning of 2 ... Read More
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Convenience Retailers in Brazil
Convenience Retailers in Brazil In 2023, convenience retailers in Brazil maintained retail current value growth, and also returned to growth in outlet numbers, as consumers looked to shop for essentials close to home. OXXO was one retailer which opened more stores at the end of the review period. Th ... Read More
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Convenience Retailers in Indonesia
Convenience Retailers in Indonesia Convenience retailers saw current value growth in Indonesia in 2023. Urbanisation is a key factor influencing the growth of convenience stores in the country. Many people move to big cities in search of work or education, and they need places to shop that are easil ... Read More
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Convenience Retailers in Italy
Convenience Retailers in Italy The geopolitical developments of 2022 and 2023 have had a big impact on retail in Italy. Russia's war in Ukraine continued in 2023 with no sign of resolution at the time of writing, while the emergence of further instability in other parts of the world have also create ... Read More
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Discounters in Italy
Discounters in Italy Despite the easing of inflationary pressures in Italy over 2023, price increases and thus inflation rates remained high in the country. Therefore, price and value remained the most pressing concerns for many consumers when choosing to shop for their groceries. This price sensiti ... Read More
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Convenience Retailers in Poland
Convenience Retailers in Poland Convenience stores recorded slower value dynamics than overall retail in 2023. Higher prices in this channel stimulated a consumer shift towards discounters and supermarkets. The situation in the market favoured retail chains that can afford to offer attractive promot ... Read More
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Convenience Retailers in New Zealand
Convenience Retailers in New Zealand Convenience retailers in New Zealand continued to see retail current value sales growth in 2023; however, this was supported by inflationary pressures driving up unit prices of grocery products. While fuel costs stabilised following an initial shock in 2022, afte ... Read More
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Discounters in Finland
Discounters in Finland Discounters in Finland registered stagnant current value growth in 2023, as inflation remained high and the Finnish economy weakened. Discounters proved a more attractive choice to consumers seeking affordable brands and private label. The location of discounters based near or ... Read More
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Discounters in Poland
Discounters in Poland Discounters recorded double-digit value sales growth in 2023. Discounters are successful thanks to convenient locations and a wide range of goods, including groceries, clothing, electronics, household items and beauty and personal care in one place. This channel’s offer attract ... Read More
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Discounters in China
Discounters in China Robust growth momentum was seen for discounters in China in 2023, with increases in both current value terms and in outlet numbers. This was driven by increasing economic uncertainty in the country, which led more Chinese consumers to seek products which offer better value for m ... Read More
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Convenience Retailers in Australia
Convenience Retailers in Australia In early May 2023, the local operator of 7-Eleven (7-Eleven Stores Pty Ltd), the leading brand of convenience retailers in Australia, released a statement saying that the chain will be up for sale, including over 700 outlets across the country. The move is expected ... Read More
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General Merchandise Stores in Australia
General Merchandise Stores in Australia Value sales via department stores in Australia notably slowed in 2023 compared to the previous year’s double-digit growth, ensuring they remained below pre-pandemic levels as the rising cost of living impacted consumers’ disposable incomes. Nevertheless, depar ... Read More
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Convenience Retailers in China
Convenience Retailers in China Even after seeing strong performances throughout the pandemic years, convenience retailers maintained its growth momentum in current value terms in China in 2023, with growth in outlet numbers also continuing. Even as the pandemic eased, consumers still favoured retail ... Read More
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Discounters in Australia
Discounters in Australia Discounters in Australia continued to perform well in 2023, as inflation in the country reached as high as 7-8% for groceries and the lack of wage increases left local consumers struggling to pay for essentials. This scenario encouraged an increasing number of Australians to ... Read More
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Discounters in Greece
Discounters in Greece The discounters channel saw an upward trend in Greece throughout the review period, which continued in 2023. The challenging economic conditions and high rate of inflation prevailing towards the end of the review period served to bolster consumer interest in shopping at discoun ... Read More
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Convenience Retailers in Greece
Convenience Retailers in Greece Convenience retailers witnessed growth in Greece in 2023 as more and more people visited their stores for their daily purchases. This trend started during the COVID-19 crisis, when consumers procured essential goods from nearby stores, and now it has become a habit. C ... Read More
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General Merchandise Stores in Greece
General Merchandise Stores in Greece General merchandise stores saw continued current value growth in Greece in 2023. Many brands continue to invest heavily in traditional advertising, such as through television, since it still manages to target consumers aged above 40 years old who remain the main ... Read More
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Convenience Retailers in Turkey
Convenience Retailers in Turkey In 2023, convenience stores registered significant value growth in Turkey, driven in part by a significant number of new outlets opening. The compact size of these stores made it easier to find suitable locations and their widespread presence in numerous neighbourhood ... Read More
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Discounters in the Netherlands
Discounters in the Netherlands With inflation remaining elevated in 2023 and disposable income decreasing, consumers were pushed to look for ways to save money. This benefited discounters, with these stores having a strong reputation for offering lower prices than supermarkets. Over the review perio ... Read More
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Convenience Retailers in Portugal
Convenience Retailers in Portugal Following a strong performance during COVID-19, in 2023, sales for convenience retailers in Portugal continued to rise, driven by high inflation levels and nationwide outlet expansion. Sales and outlet growth in convenience stores has been at the expense of small gr ... Read More
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Discounters in Belgium
Discounters in Belgium Discounters in Belgium registered a marked slowdown in growth in current value terms in 2023. This came despite the continued inflationary environment, which meant that value proved to be the most important factor when consumers were doing their grocery shopping. While the cha ... Read More
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Discounters in Colombia
Discounters in Colombia Double-digit growth was seen in discounters in Colombia in 2023, reflecting a change in the consumption habits of local consumers who are looking for more affordable options in a time of economic uncertainty and budget constraints. Discounters have come to the fore for Colomb ... Read More