Category: General Retailing
General Retailing market research reports by Euromonitor International
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General Merchandise Stores in Canada
In 2024, general merchandise stores in Canada registered strong, if slower than in 2023, retail current value growth, with both variety stores and department stores performing well in this metric. Meanwhile, overall growth in terms of the number of outlets was due to variety stores, with department ... Read More
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General Merchandise Stores in China
In 2024, department stores remained the largest channel within general merchandise stores in China, although it experienced a current value decline, driven by consumption downgrading, the limited efficacy of policy measures, and increased online penetration. Economic pressures have been prompting co ... Read More
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Direct Selling in China
In 2024, direct selling in China saw a marginal current value increase, indicating a modest turnaround after several years of decline. In-person events such as product demonstrations, parties, and conferences offer a unique opportunity for direct sellers to build deeper relationships with customers ... Read More
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General Merchandise Stores in Brazil
General merchandise stores saw double-digit current value growth in Brazil in 2024. Although variety stores maintained a slight declining trend, department stores rebounded to growth, offsetting the decline seen the previous year. With the reduction in the unemployment rate in Brazil, and a relative ... Read More
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Direct Selling in Brazil
Direct selling saw dynamic current value growth in Brazil in 2024, maintaining the trend seen throughout the review period. Direct selling has long been seen as an ideal source of additional revenue for those whose incomes are under pressure, which has helped maintain growth. Beauty and personal car ... Read More
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Retail in Brazil
Although 2024 saw a drop in the unemployment rate and a slight improvement in average wages in Brazil, retail still faced macroeconomic challenges. The level of indebtedness of Brazilians, which was around 77% in December 2023, reached a peak of 79% in June 2024, according to the National Confederat ... Read More
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General Merchandise Stores in the US
The current value decline of department stores continued in the US in 2024, as once iconic retailers struggled to adapt to an evolving market with shifting consumer habits and the inexorable rise of retail e-commerce. Another bleak year has passed, with growth remaining out of reach for some of the ... Read More
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Retail in China
Retail in China experienced moderate current value growth in 2024, although a slight slowdown in the rate of increase was seen compared with 2023. Macroeconomic factors played a significant role, with the economy slowing down, and the housing market facing challenges. High unemployment rates and red ... Read More
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Retail in Canada
Retail in Canada saw some big changes in 2024, due to a mix of new technology, shifting consumer habits and the economy. One of the key developments saw Canadian retailers embrace artificial intelligence (AI) and automation. From keeping track of inventory to creating personalised marketing campaign ... Read More
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Retail in the US
In September 2024, the US Federal Reserve lowered the federal funds rate for the first time since March 2020, signalling a near end to the inflationary macroeconomy. While inflation showed signs of abating, grocery prices remained on average about 25% higher than 2019 levels, according to the US Dep ... Read More
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Retail in France
2024 was a difficult year for retail in France. Store-based retailing remained at a standstill in current value terms and saw a net loss of over 2,000 outlets – primarily, but not exclusively independent stores. While retail e-commerce rebounded in value, this was insufficient to drive overall marke ... Read More
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Direct Selling in the US
Direct selling experienced another year of declining sales in the US in current value terms in 2024. The channel continues to struggle in the US market for several reasons. The recruitment of sales representatives has been challenging, given the tight labour market conditions of the last two years. ... Read More
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Direct Selling in Bulgaria
Direct selling in Bulgaria saw a decline in both current and constant value sales in 2024, as a continued shift toward e-commerce led to decreasing consumer reliance on traditional direct sales models. The convenience of online shopping, coupled with the availability of direct home delivery, signifi ... Read More
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General Merchandise Stores in Argentina
General merchandise stores in Argentina saw value sales rise in 2024. The competitive landscape of general merchandise stores in Argentina witnessed significant disruption towards the end of the review period as Falabella closed its stores and left the country. As a result, the Mexican enterprise Co ... Read More
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General Merchandise Stores in Norway
The retail environment in Norway is undergoing significant changes because of inflation and evolving consumer preferences. Consumers are increasingly prioritising smaller, more affordable purchases over expensive items. This shift is having a considerable effect on different sectors of the retail ma ... Read More
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General Merchandise Stores in Ireland
In 2024, general merchandise stores in Ireland experienced a slight decline in retail value sales, falling by 0.1% in current terms. However, department stores saw a retail value uplift of 2%, while variety stores experienced a significant decline of 15%. Euromonitor International's General Merchand ... Read More
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General Merchandise Stores in Israel
General merchandise stores in Israel experienced strong growth in 2024, despite ongoing geopolitical uncertainty. The Israel-Hamas War led to a sharp decline in international travel, redirecting consumer spending toward local department stores. Many Israelis, who typically shop abroad for lower pric ... Read More
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General Merchandise Stores in Finland
While the number of department stores has remained largely static in Finland for many years (growth rates can look inflated due to the low number of outlets where even small changes appear significant), in retail sales price (RSP) terms, sales in 2024 declined. Euromonitor International's General Me ... Read More
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Retail in Norway
In 2024, retail in Norway registered an uptick in current value growth compared to the previous two years, supported by an upswing in household spending power. Inflation has slowed in Norway, bringing about price stability and driving private consumption. Grocery retailing is a significant contribut ... Read More
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Direct Selling in Austria
In 2024, direct selling in Austria experienced retail value growth of 3%, in line with the overall retail growth in the country for that year. The channel remained largely dominated by non-grocery categories such as appliances, homewares, and body care, all of which showed weaker growth compared to ... Read More
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Direct Selling in Greece
Direct selling saw declining retail value sales in current terms in Greece in 2024. The channel continued to suffer as consumers turned to e-commerce for convenience and became ever more familiar with and confident in shopping online. While companies such as Avon, Oriflame and Herbalife still hold a ... Read More
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General Merchandise Stores in the Netherlands
General merchandise stores in the Netherlands performed well in 2024, largely driven by the success of discount variety store retailer Action and, to a lesser extent, Hema department stores. Over the past decade, discount retailers have displaced many outdated, established players in the general mer ... Read More
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Retail in Israel
The Israel-Hamas war severely disrupted the retail environment throughout 2024. Many businesses faced labour shortages, due to military mobilisation. In addition, many international brands, including H&M and Zara, temporarily closed their Israeli stores, leading to decreased consumer confidence and ... Read More
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Direct Selling in Israel
Direct selling remains a niche segment in the Israeli market, as consumers predominantly prefer purchasing products in physical stores. This preference for in-person browsing and immediate product availability constrains the growth of direct selling brands, which struggle to gain a strong foothold a ... Read More
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Direct Selling in Finland
In line with the long-term trend which began before the review period, direct selling sales continued to decrease in 2024. Euromonitor International's Direct Selling in Finland report offers insight into key trends and developments driving the industry. The report examines all retail channels to pro ... Read More
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