Category: Retailing
Asia Retailing
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Apparel and Footwear Specialists in South Korea
... growth. Although sales still fell short of the pre-pandemic (2019) level, they continued to grow, largely driven by the increasing demand for affordable fashion amidst rising inflation. Fast fashion brands have capitalised on economic pressures, ... Read More
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Hypermarkets in Japan
... conclusion of price hikes. Hypermarkets faced significant challenges over the past decade, and this continues, primarily due to intense competition from speciality stores. Euromonitor International's Hypermarkets in Japan report offers insight into key trends and ... Read More
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Health and Beauty Specialists in Japan
... the traditional segmentation of sales channels, whereby department stores offered premium beauty brands, while health and beauty specialists and variety stores catered to mass brands, has become increasingly ambiguous. Retailers are now strengthening their strat... ... Read More
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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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Retail E-Commerce in Japan
... retail e-commerce, which continued in 2024. Recently, sales events led by major players such as Amazon and Rakuten have gained traction, alongside the adoption of shopping cultures from abroad, particularly the US, such as Black ... Read More
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Supermarkets in South Korea
... maintained value growth in 2024. Amidst a prolonged economic downturn, South Korean consumers have increasingly been turning to major supermarkets for their shopping needs. Supermarket chains such as Seowon’s Top Mart, Homeplus Express from Homeplus ... 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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Health and Beauty Specialists in South Korea
... quarter of 2024, driven by a surge in tourist traffic. Major shopping districts such as Myeongdong and Hongdae saw notable sales growth, with Myeongdong’s stores reporting a significant increase in sales to tourists, and Hongdae ... Read More
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Convenience Retailers in South Korea
... value growth in 2024, it was convenience stores which continued to see the best performance, rising from an already high base. Euromonitor International's Convenience Retailers in South Korea report offers insight into key trends and ... Read More
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Home Products Specialists in South Korea
... improvement and gardening stores saw an uptick in sales, benefiting from a slightly improved housing market and a growing consumer focus on DIY renovations and outdoor spaces. Homewares and home furnishing stores also expanded, as ... Read More
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Supermarkets in Japan
... The rise in value sales can be attributed to an increase in the number of stores, and inflationary pressures leading to price hikes. Euromonitor International's Supermarkets in Japan report offers insight into key trends and ... 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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Apparel and Footwear Specialists in Japan
... market, while fragmented, offers a rich selection of overseas brands that are not found in physical stores. One notable trend is the rise of Asian fast fashion, which has garnered significant support, particularly amongst younger ... Read More
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Home Products Specialists in Japan
... Earthquake, which could devastate the middle to southern Pacific coast, including significant metropolitan areas such as Nagoya. A 2020 government report indicated a 70-80% probability of this earthquake happening within the next three decades, instilling ... Read More
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Hypermarkets in South Korea
... especially in non-food categories. Traditionally, hypermarkets operated based on cost-effectiveness and large-scale stores, but they have struggled to meet trends favouring premium products, personalised consumption, and time-saving shopping. In addition, Coupang’s dominance... Euromonitor International's Hypermarkets ... Read More
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Discounters in South Korea
... in certain areas. Despite fewer locations, strong demand for value for money products and higher basket sizes per visit contributed to value growth for discounters, and it saw stronger growth than overall grocery retailers. Economic ... 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 E-Commerce in South Korea
... continues. Competitive pricing, aggressive discount strategies, and flexible returns policies are encouraging more consumers to shop online instead of offline. Promotional events such as major online sales festivals and exclusive membership benefits are als... Euromonitor ... 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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Convenience Retailers in Japan
... various pandemic measures, creating a widespread impression that the pandemic was over. As a result, Japanese people began to venture outdoors more frequently, and a noticeable shift occurred in the work environment, with a transition ... 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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Home Products Specialists in Indonesia
... the top four players in the category experienced positive value sales growth. The leader, Ace Hardware, was the most dynamic major player during the year. Euromonitor International's Home Products Specialists in Indonesia report offers insight ... Read More
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Retail E-Commerce in Indonesia
... key reasons behind the strong performance of e-commerce during the year. Euromonitor International's Retail E-Commerce in Indonesia report offers insight into key trends and developments driving the industry. The report examines all retail channels to ... Read More
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Supermarkets in Singapore
... more extensive inventories of hypermarkets. Beyond groceries, supermarkets carry just enough non-grocery essentials to make them a convenient one-stop option, while their smaller footprints ensure a streamlined shopping experience. In addition,... Euromonitor International's Supermarkets in ... Read More