Category: Warehouse Clubs/Superstores
Warehouse Clubs/Superstores market research reports by Euromonitor International
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Hypermarkets in Germany
Hypermarkets in Germany The economic slowdown in 2023 somewhat undermined the performance of hypermarkets in Germany, as the format is highly dependent on non-grocery purchases often considered by consumers as discretionary spending. This adds to the longer-term challenges affecting hypermarkets, li ... Read More
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Hypermarkets in Sweden
Hypermarkets in Sweden Like other types of grocery retailers, hypermarkets in Sweden were impacted directly by historically high inflation, which reached high single-digit rates in 2022 and 2023. As a result, consumers became more price-sensitive and they started to look for best possible deals in t ... Read More
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Hypermarkets in South Korea
Hypermarkets in South Korea In 2023, hypermarkets in South Korea faced even slower current value growth than in the previous year, along with a continued decline in outlet numbers, encountering a combination of changing consumer habits and difficult economic conditions. A pivotal factor contributing ... Read More
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Hypermarkets in Ireland
Hypermarkets in Ireland Hypermarkets struggled in Ireland in 2023, due to a variety of factors. One such is the fact such stores, being large in size, were strongly affected by the hikes in energy bills and associated utilities. This made it challenging for hypermarket retailers to protect their pro ... Read More
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Hypermarkets in Saudi Arabia
Hypermarkets in Saudi Arabia The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, acquired a 30% stake in Riyadh-based grocery store chain Tamimi Markets Company in 2023. The PIF is looking to help Tamimi Markets realise its full potential, with the aim of transforming it from a l ... Read More
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Hypermarkets in the United Kingdom
Hypermarkets in the United Kingdom Despite increased competition from discounters and warehouse clubs, which offer low-cost products appealing to the elevated number of price-sensitive consumers in 2023, hypermarkets in the UK maintained positive sales growth. Amid the cost-of-living crisis, high in ... Read More
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Home Products Specialists in the US
Home Products Specialists in the US In 2023, home products specialists (which encompasses homewares and home furnishing stores, home improvement and gardening stores, and pet shops and superstores) in the US saw value declines in both current terms and constant terms at 2023 prices. This was driven ... Read More
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Hypermarkets in the US
Hypermarkets in the US Hypermarkets experienced slower current value growth in the US in 2023 than in the previous year. This was largely a response to the still difficult inflationary environment in the country. Many US consumers continued to put off purchases of discretionary items in order to hav ... Read More
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Hypermarkets in Mexico
Hypermarkets in Mexico Hypermarkets was the second most dynamic channel within grocery retailers in Mexico in current value terms in 2023, surpassed only by convenience retailers. The latter channel experienced strong outlet expansion in the review period, with even the pandemic hardly impacting the ... Read More
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Hypermarkets in India
Hypermarkets in India After witnessing a significant fall in current value sales in 2020, in the first year of the pandemic, hypermarkets returned to dynamic growth in India in 2021 and 2022, and this trend continued in 2023, finally rising above the 2019 level of sales for the first time. After a n ... Read More
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Hypermarkets in Ukraine
Hypermarkets in Ukraine Hypermarkets in Ukraine lagged behind the other main modern grocery retailers channels in terms of current value sales growth in 2023. These types of outlets have lost ground to smaller formats since the start of the Russian invasion, in part because safety concerns have made ... Read More
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Hypermarkets in Chile
Hypermarkets in Chile Hypermarkets in Chile, as one of the largest channels within grocery retailers, continued to record a stable, albeit undynamic, performance in 2023. Security concerns remained a relevant issue for operators in hypermarkets at the end of the review period, not only inside the ou ... Read More
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Hypermarkets in Brazil
Hypermarkets in Brazil After a difficult couple of years, hypermarkets returned to growth in current value terms in Brazil in 2023, although outlet numbers continued to decline. The hypermarket business model has suffered from the strong expansion of neighbourhood supermarkets and convenience stores ... Read More
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Hypermarkets in Indonesia
Hypermarkets in Indonesia Hypermarkets saw a decline in current value terms in Indonesia in 2023. Despite the positive trend observed in the overall retail industry in line with the ongoing post-pandemic recovery, larger modern retailers such as hypermarkets are struggling. This can be attributed to ... Read More
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Hypermarkets in Italy
Hypermarkets in Italy Although more stable than in the previous year, inflation rates still remained high in Italy in 2023 with the price of food and other grocery and non-grocery items continuing to rise. In the context of high inflation, hypermarkets continued to struggle through 2023, losing shar ... Read More
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Hypermarkets in Finland
Hypermarkets in Finland Hypermarkets remains the leading retail (not only grocery retail) channel in Finland, with around a third of overall sales of grocery retailers in 2023. Hypermarkets has managed to maintain its extend its lead over supermarkets (the second biggest channel) in constantly chang ... Read More
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Direct Selling in Finland
Direct Selling in Finland Direct selling has always been a marginal retail channel in Finland, and has in recent years seen a clear decrease – sales fell in 2023 for the seventh year in a row in current value terms. Even more worryingly, direct selling underperformed independent of the larger societ ... Read More
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Hypermarkets in Poland
Hypermarkets in Poland Hypermarkets recoded low growth in value sales in 2023 and was by far the weakest performer among modern grocery retailers. The channel struggles with consumers’ disinclination to buy groceries in large shopping centres on the outskirts of cities. Consumers increasingly prefer ... Read More
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Hypermarkets in China
Hypermarkets in China Despite seeing a halt to the decline in outlet numbers in 2023, hypermarkets continued its long-standing decline in retail current value terms in China in 2023. One driver of the fall in sales is that the channel is under intense competition from retail e-commerce, which consum ... Read More
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Hypermarkets in Australia
Hypermarkets in Australia Spending among local consumers was significant throughout 2022 following the easing of pandemic-related lockdowns, resulting in greater footfall in stores, particularly benefiting hypermarkets in Australia. However, the cost-of-living crisis had a significant impact on many ... Read More
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Hypermarkets in Greece
Hypermarkets in Greece The hypermarkets channel saw value sales rise in Greece in 2023. Hypermarkets are evolving into small shopping centres. Their construction with escalators, their huge parking lots and the variety of products on offer are reminiscent of a shopping mall. Now in a hypermarket you ... Read More
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Hypermarkets in Portugal
Hypermarkets in Portugal Inflation rates drove retail value sales of grocery retailers in Portugal in 2023, with hypermarkets showing positive value growth despite losing competitiveness to smaller concepts such as supermarkets and discounters. Although hypermarkets offer a wide assortment of goods, ... Read More
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Hypermarkets in Egypt
Hypermarkets in Egypt Hypermarkets in Egypt witnessed dynamic retail value (constant 2023 prices) growth in 2023, as this format benefited from rising consumer price-sensitivity. Hypermarkets’ success in the face of adverse macroeconomic conditions in the country affected overall consumer experience ... Read More
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Retail in Switzerland
Retail in Switzerland Retail sales in Switzerland in 2023 saw minimal current value growth, which was solely driven by price increases. Paradoxically, this was also one of the main limiting factors on demand. Substantial increases in the cost of living made local consumers more price-sensitive and c ... Read More
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Hypermarkets in Denmark
Hypermarkets in Denmark Hypermarkets continued to face strong competition from discounters in Denmark in 2023 as many consumers looked to save on their grocery shopping due to the financial impact of higher energy prices and increasing interest rates. However, as hypermarkets offer a much greater se ... Read More
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