Category: Retailing
Retailing market research reports by Euromonitor International
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Convenience Retailers in Taiwan
Convenience Retailers in Taiwan In 2023, convenience stores in Taiwan experienced expansion driven by various factors such as summer travels, festive seasons, typhoons, and back-to-school/work periods, all of which boosted demand for fresh food, coffee, packaged snacks, and staples. Sales in these c ... Read More
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Direct Selling in Slovakia
Direct Selling in Slovakia Direct selling in Slovakia registered a further fall in both current and constant values sales in 2023. A shift away from direct selling to e-commerce led to a drop in sales, as e-commerce also provides the convenience of direct delivery. In fact, direct selling was one of ... Read More
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Retail in Singapore
Retail in Singapore Retail in Singapore has left the impact of the pandemic behind following the easing of restrictions, and has continued with resilient, albeit slower, growth in 2023. The full-scale resumption of social activities and the reopening of international borders for travel have seen con ... Read More
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Health and Beauty Specialists in Slovakia
Health and Beauty Specialists in Slovakia Health and beauty specialists were the best performing retail channel in Slovakia in 2023 in terms of value growth. There was also a significant increase in outlet openings. However, it was a mixed bag. While pharmacies registered a healthy increase in curre ... Read More
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Hypermarkets in Hungary
Hypermarkets in Hungary Hypermarkets saw shrinking value sales in Hungary in 2023, compared to the double-digit growth rates seen the previous year. This is attributed to competition from other channels, such as discounters (eg Lidl and Aldi) which offer an increasingly wide range of products at hig ... Read More
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Health and Beauty Specialists in Vietnam
Health and Beauty Specialists in Vietnam Health and beauty specialists recorded a slowdown in terms of expansion of outlet numbers in Vietnam in 2023, with independent retailers in particular struggling in the face of raised rents and increased utility costs. The channel has been undergoing signific ... Read More
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Convenience Retailers in Hungary
Convenience Retailers in Hungary Convenience stores continued to be affected by price hikes in Hungary in 2023. Whilst inflationary pressures have had effects across retail, we see some specific spikes and falls. Euromonitor International's Convenience Retailers in Hungary report offers insight into ... Read More
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Retail E-Commerce in Norway
Retail E-Commerce in Norway Following very strong progress during the pandemic, retail e-commerce continues to grow at a steady pace in Norway, with another solid performance in 2023. This is even true of segments that performed poorly offline, such as homewares and home furnishing retailers. While ... Read More
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Direct Selling in Vietnam
Direct Selling in Vietnam Direct selling declined in terms of current value sales in Vietnam in 2023, with the drop driven by the continued fall of leading brands Herbalife Nutrition, New Image, and Amway as they struggled in the context of global inflationary pressures. Moreover, the VAT price tax ... Read More
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Health and Beauty Specialists in Thailand
Health and Beauty Specialists in Thailand Retail current value sales in health and beauty specialists in Thailand rose again in 2023, with life returning to pre-pandemic patterns. The channel has so far shown strong recovery from the coronavirus crisis. Beauty specialist retailers such as multi-bran ... Read More
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Hypermarkets in Taiwan
Hypermarkets in Taiwan During 2023, retail value sales of hypermarkets recorded steady growth, aided by online sales and the expansion of delivery platforms. For example, following its acquisition by PX Mart in 2022, RT Mart underwent marketing integration to optimise resources alongside PX Mart sup ... Read More
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General Merchandise Stores in Singapore
General Merchandise Stores in Singapore Variety stores in Singapore continued to record solid growth in 2023, driven by the rising cost-of-living pressures, which were a key area of concern for local consumers. Amid a muted economic climate, and rising prices as a result of inflation and global soci ... Read More
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Retail E-Commerce in Singapore
Retail E-Commerce in Singapore E-commerce in Singapore experienced a marginal decline in value sales in 2023 due to the normalisation of shopping habits. This was expected, given the sharp growth recorded by the channel during the pandemic, when consumers had limited alternatives and were driven by ... Read More
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Convenience Retailers in Spain
Convenience Retailers in Spain Convenience retailers benefited from the lifting of the remaining COVID-19 restrictions and the opening of new outlets across Spain. There was also increased foot traffic in urban areas driven by the rise in tourism which supported the growth of convenience stores n ce ... Read More
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Convenience Retailers in Vietnam
Convenience Retailers in Vietnam 2023 saw convenience stores in Vietnam continue to expand rapidly in terms of number of outlets, especially into urban areas, as local lifestyles became increasingly busy. Convenience stores resonate with Gen Z consumers and students, gaining attention through an ima ... Read More
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Health and Beauty Specialists in Norway
Health and Beauty Specialists in Norway The Danish health and personal care store Normal witnessed a strong performance in 2023 due to the success of its retail concept. Consumers have been flocking to Normal for budget offers in 2023, with the retailer competing on price with both supermarkets, var ... Read More
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Direct Selling in Hungary
Direct Selling in Hungary Direct selling saw a slump in Hungary in 2023, caused by a confluence of factors. Direct selling is mostly driven by beauty and personal care direct selling in Hungary, which had previously seen a rebound after the notable declines during the time of the pandemic. As such, ... Read More
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Discounters in Slovakia
Discounters in Slovakia Discounters in Slovakia were one of the better performing grocery retailers in 2023. With inflation still being high, consumers were price sensitive and prioritised value for money. As such, discounters registered an increase in current value sales, though constant value sale ... Read More
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Retail E-Commerce in Slovakia
Retail E-Commerce in Slovakia Retail e-commerce registered a modest increase in current value sales in Slovakia. However, with appliances and electronics continuing to be the most popular products sold online, and with weak consumer sentiment leading consumers to postpone larger purchases and focus ... Read More
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Retail in Taiwan
Retail in Taiwan Retail in 2023 presented a mixed landscape in Taiwan, marked by economic challenges as the country grappled with a recession in the first quarter. This downturn was primarily attributed to a decline in exports and subdued global demand for semiconductor chips. Nevertheless, the reta ... Read More
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Retail in Spain
Retail in Spain Retail in Spain continued to be impacted by high inflation in 2023, with high energy and fuel prices putting pressure on operators and leading to rising prices for the consumer. The Spanish government tried to mitigate the increase in prices by introducing 0% VAT on key food products ... Read More
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Retail E-Commerce in Spain
Retail E-Commerce in Spain After seeing dynamic double-digit growth year-on-year throughout the review period retail e-commerce saw a slowdown in 2023 in current value terms, with consumer electronics e-commerce even posting a decline in sales. Elevated inflation, rising interest rates, and the subs ... Read More
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Health and Beauty Specialists in Spain
Health and Beauty Specialists in Spain The Dia supermarket chain reached an agreement to sell 1,000 Clarel stores to Colombian group Trinity in 2023. The deal, which it is estimated will reach EUR42.2 million, will see payments spread over six years and will include three distribution centres locate ... Read More
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Convenience Retailers in Slovakia
Convenience Retailers in Slovakia 2023 was not a good year for convenience retailers in Slovakia. With inflation still being high, consumers cut back on spending in convenience retailers, as prices tend to be higher than in other grocery retailers. As such both constant and current value sales fell. ... Read More
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Home Products Specialists in Singapore
Home Products Specialists in Singapore Despite recording a marginal decline in 2023 as demand started to stabilise following the surge during the pandemic and subsequent seclusion, value sales of homewares and home furnishing stores in Singapore remained above 2019 levels. Retail giant IKEA (Ikano P ... Read More
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