General Merchandise Stores in Nigeria

Department stores in Nigeria struggled in 2024 due to persistent macroeconomic headwinds. Concentrated primarily in Abuja and Port Harcourt, with no presence in Lagos, the channel suffered from weakening consumer spending and rising transport costs linked to elevated fuel prices. As many consumers prioritised essential goods and shopped closer to home, footfall declined. The channel also faced intensified competition from both specialist stores and e-commerce platforms offering greater convenien...

Euromonitor International's General Merchandise Stores in Nigeria report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.

Product coverage: Department Stores, Variety Stores.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the General Merchandise Stores market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.