Category: General Retailing
Asia General Retailing
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Direct Selling in Japan
... value sales falling for another consecutive year in 2024. Meanwhile, many direct selling companies rely heavily on sales of supplements, but in 2024, the situation for direct selling worsened following widespread media coverage of a ... Read More
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General Merchandise Stores in South Korea
... 2024, department stores saw a decline in outlet numbers, and the channel was unable to achieve past growth rates. This is because consumer spending has contracted due to a general economic slowdown. In addition, major ... Read More
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General Merchandise Stores in Japan
... Japan continued to thrive in 2024, largely due to the ongoing resurgence of inbound tourism. Luxury items, including jewellery, watches, and cosmetics, showed a slight increase in sales. Before the pandemic, it was notable that ... Read More
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Direct Selling in South Korea
... including high population density in compact urban areas, and career interruptions amongst women. During the COVID-19 pandemic, rising health awareness led to an increase in direct selling of health supplements. However, post-pandemic, more consumers have ... Read More
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Retail in Japan
... three decades before the war in Ukraine, Japan largely experienced calm annual inflation rates, with only three instances from 1992 to 2021 when inflation exceeded 1% or fell below 1%. These fluctuations occurred during notable ... Read More
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Retail in South Korea
... grocery retailers. Euromonitor International's Retail in South Korea 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 ... Read More
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General Merchandise Stores in Singapore
... Singaporeans have reduced their outlay on non-grocery merchandise traditionally found in department stores, such as apparel, footwear, bags and luggage. For those who wish to spend, the strengthening currency and increased ease of international travel ... Read More
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Direct Selling in Singapore
... and wide product ranges. The emergence and continued expansion of e-commerce marketplaces means shoppers can stay at home and browse thousands of listings with minimal effort. This development poses a particular challenge to direct selling, ... Read More
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General Merchandise Stores in Indonesia
... stores witnessed a marked expansion of its store network, while department stores’ outlet numbers declined. The leading player in department stores, Matahari, closed seven outlets in 2024. Players in department stores are focusing on optimising ... Read More
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Direct Selling in Indonesia
... evidenced by the fact that 51% of members of APLI (Indonesian Direct Entrepreneurs Association) are said to find it difficult to adapt to the pace of change. The lack of synergy between entrepreneurs in this ... Read More
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Retail in Indonesia
... albeit at a slower rate than in the previous year, this was not the case for non-grocery retailers, which experienced decline. This reflected the fact that consumers’ heightened budget consciousness led them to focus on ... Read More
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Direct Selling in Hong Kong, China
... and food, alongside economic uncertainty, and consumers shifting their attention to purchases outside of Hong Kong, particularly through outbound/northbound travel. Euromonitor International's Direct Selling in Hong Kong, China report offers insight into key trends and ... Read More
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General Merchandise Stores in Hong Kong, China
... and the emergence of unique stores which opened during the year. Despite the fact that many consumers now shop online more frequently or prefer to shop at specialists to find certain goods they require, with ... Read More
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General Merchandise Stores in Vietnam
... a strong appetite for shopping, particularly in major cities such as Hanoi, Da Nang, and Ho Chi Minh City. They are drawn not only to the wide assortment of goods in general merchandise stores but ... Read More
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Direct Selling in Taiwan
... significant transformation in its approach to digitalisation. This shift is part of a broader initiative to rebuild its network and accelerate its digital transformation, enabling the company to better support its growing business demands. By ... Read More
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Tissue and Hygiene in Bangladesh
... these challenges, overall demand increased slightly, driven by heightened hygiene awareness and expanding product accessibility across different consumer segments. Euromonitor International's Tissue and Hygiene in Bangladesh report offers a comprehensive guide to the size and ... Read More
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Direct Selling in Vietnam
... habits - largely due to ongoing wars in other regions and a persistent desire to save - they are still prepared to pay for items that safeguard their wellbeing and appearance. Higher average incomes and ... Read More
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General Merchandise Stores in Taiwan
... department stores, significantly impacting their performance for the entire year. Therefore, a rebound in consumer spending, paired with strategic adjustments in discounts and rewards, have successfully attracted shoppers, boosting overall revenue during this crucial period. ... Read More
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General Merchandise Stores in Turkey
... Beymen introduced the Beymen Reborn project during the review period, allowing Beymen customers to offer up their luxury bags and shoes for which they no longer have any use. The bags and shoes sold under ... Read More
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Direct Selling in Turkey
... care items. Over the review period, health and beauty has seen increased focus on sustainability from players and consumers, with organic and natural ingredients enjoying rising demand. Euromonitor International's Direct Selling in Turkey report offers ... Read More
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Retail in Turkey
... the country’s more affluent population and those more resilient to the economic downturn continued to opt for luxury items. With travel starting to normalise across the world, retail once again started to see growth in ... Read More
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General Merchandise Stores in Thailand
... in part thanks to the ongoing use of attractive marketing promotions which tapped into the preferences of consumers. Additionally, department stores also benefited from the strong rebound in tourism, with inbound arrivals being key consumers ... Read More
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General Merchandise Stores in the Philippines
... high number of these stores are located. Moreover, as a means of attracting consumers to their physical locations, players such as SM Department Store and Robinsons maintained robust promotional discount programmes. These compelling offers provide ... Read More
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General Merchandise Stores in Malaysia
... merchandise stores in retail current value and selling space terms, encountered rising competition from stand-alone retailers, which limited its growth potential at the end of the review period. In 2024, department stores’ selling space, number ... Read More
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Direct Selling in Malaysia
... remained well above the 2019 pre-Coronavirus (COVID-19) level at the end of the review period. Malaysians have been turning to direct selling to make purchases, but also as a new source of income or to ... Read More
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