Category: Warehouse Clubs/Superstores
Warehouse Clubs/Superstores market research reports by Euromonitor International
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Hypermarkets in the Netherlands
Hypermarkets in the Netherlands Hypermarkets was the most dynamic grocery retailers category in current value terms in 2023. Although people are spending less on the extra services that were installed in hypermarkets over review period (eg prepared meals, cobblers etc) they are enjoying the large am ... Read More
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Egypt Hypermarkets
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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Hypermarkets in Turkey
Hypermarkets in Turkey After discounters, hypermarkets were the best performing grocery channel in Turkey in 2023, in terms of value growth. With inflation still high, hypermarkets registered both a double-digit percentage increase in current and constant value sales. However, one outlet closed duri ... Read More
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Hypermarkets in Peru
Hypermarkets in Peru Hypermarkets in Peru faced a more upbeat scenario in 2023, driven by constant promotions and stronger demand for private label. As recession swept across Peru, more consumers switched to making monthly bigger purchases to save money in the long term. This trend has benefitted hy ... Read More
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Hypermarkets in Colombia
Hypermarkets in Colombia Discounters in Colombia recorded further growth in 2023, with the main players focusing on a providing a positive customer experience. Currently 32 hypermarkets have been converted into Éxito Wow, which represents 35.4% of the brand’s sales. This successful development is ba ... Read More
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Hypermarkets in Switzerland
Hypermarkets in Switzerland Despite, or rather because of, average price increases, grocery sales and thus sales through grocery retailers, including hypermarkets, declined in Switzerland in 2023. Local consumers remained highly price sensitive and prioritised essential purchases or bought discounte ... Read More
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Hypermarkets in Belgium
Hypermarkets in Belgium Hypermarkets in Belgium experienced a flat performance in 2023 with no perceptible growth in current value terms. This was mainly due to competition from discounters and supermarkets which offered consistently lower prices. This became especially pertinent an environment of h ... Read More
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Hypermarkets in Romania
Hypermarkets in Romania In 2023, hypermarkets in Romania continued to see retail value growth; however, footfall declined. The social function of hypermarkets before COVID-19 was a place for shopping and entertainment. This has diminished significantly since 2021, with the importance of proximity sh ... Read More
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Hypermarkets in Vietnam
Hypermarkets in Vietnam Hypermarkets in Vietnam continued to focus on network expansion into tier 1 and tier 2 cities in 2023, in response to higher living standards and modern lifestyles. E-Mart opened three new outlets over 2022-2023. The player has also been actively engaged in marketing activiti ... Read More
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Hypermarkets in Singapore
Hypermarkets in Singapore With the additional space available in hypermarkets in Singapore, operators have identified an opportunity to incorporate specific services offering greater value in an attempt to improve the in-store shopping experience and make a trip to the store more exciting than simpl ... 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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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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Hypermarkets in Thailand
Hypermarkets in Thailand Hypermarkets in Thailand saw current value sales slow in 2023, though growth remained positive. While these stores benefit from selling large volumes, growth is suffering because players focus on targeting customers with medium-to-low purchasing power. Hypermarkets also face ... Read More
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Hypermarkets in Slovakia
Hypermarkets in Slovakia Hypermarkets were the best performing grocery channel in Slovakia in 2023 in terms of value growth. Recent openings of new outlets boosted value sales, including the new Kaufland Bratislava outlet discussed below. However, with inflation still high, hypermarkets registered a ... Read More
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Hypermarkets in Norway
Hypermarkets in Norway Hypermarket sales have stayed above pre-pandemic levels in 2023, due to a solid performance from the sole player Coop Obs. The retailer employed bulk buying and delivered budget friendly products to compete against other dominant grocery retailers in 2023, namely discounters a ... Read More
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Hypermarkets in Spain
Hypermarkets in Spain Despite the Spanish government reducing VAT rates and even placing a 0% VAT rate on foods like fruit and vegetables and bread, food prices continued to grow in 2023, with Spain continuing to experience elevated inflation. While some consumer foodservice operators managed to mai ... Read More
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Health and Beauty Specialists in Argentina
Health and Beauty Specialists in Argentina All categories of health and beauty specialists in Argentina recorded triple-digit or very close to triple-digit increases in retail current value sales growth in 2023. Optical goods stores registered the fastest growth in terms of retail current value sale ... Read More
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Convenience Retailers in Argentina
Convenience Retailers in Argentina Convenience retailers in Argentina were affected by the annual inflation rate, which reached a triple-digit figure in 2023. Consequently, consumers experienced a significant weakening of their purchasing power. This had some benefits for convenience stores towards ... Read More
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Appliances and Electronics Specialists in South Africa
Appliances and Electronics Specialists in South Africa In 2023, sales via appliances and electronics specialists in South Africa were mainly driven by high inflation and currency depreciation, which directly influenced prices. The channel was also affected by lower demand from cash-strapped consumer ... Read More
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Hypermarkets in Bulgaria
Hypermarkets in Bulgaria After discounters, hypermarkets were the best performing grocery channel in Bulgaria in 2023 in terms of value growth. With inflation still high, hypermarkets registered a small increase in constant value sales. Recent opening of new outlets also boosted value sales. Euromon ... Read More
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Hypermarkets in the Czech Republic
Hypermarkets in the Czech Republic High inflation and the deteriorating economic situation in the Czech Republic led to weaker volume sales for hypermarkets in 2023. Shoppers were keen to reduce costs and cut back on the number of products they buy, leading to a decrease in volume sales. Czechs also ... Read More
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Hypermarkets in South Africa
Hypermarkets in South Africa The number of hypermarkets operating in South Africa continued to decline in 2023. The trend emerged just prior to the pandemic due to cautious investments in the wake of economic uncertainty in the country. This scenario was exacerbated by lockdown restrictions during t ... Read More
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Hypermarkets in Austria
Hypermarkets in Austria Just like grocery retailers as a whole, hypermarkets saw strong growth in value sales in 2023, although this was almost entirely price driven as inflation remained at unusually high levels for a second consecutive year. Demand itself only showed slight growth when consumers b ... Read More
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Hypermarkets in Canada
Hypermarkets in Canada In 2023, the hypermarkets channel in Canada faced increased competition from online platforms, discounters, and convenience stores, which are offering more convenience, value, and variety to consumers. Online platforms, such as Amazon, Shopify, and Instacart, have been growing ... Read More
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Hypermarkets in Argentina
Hypermarkets in Argentina Leading chains of hypermarkets in Argentina like Carrefour and Jumbo are reducing their in-store selling spaces, in order to enhance their e-commerce operations and transform them into real and proper omnichannel outlets. Such spaces are dedicated to tasks related to online ... Read More
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