Category: Discount Stores
Discount Stores market research reports by Euromonitor International
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General Merchandise Stores in the Czech Republic
In 2024, general merchandise stores in the Czech Republic continued to register moderate growth in outlet number and a double-digit increase in retail current value sales, albeit due to the performance of variety stores. Department stores are falling out of favour with Czech customers, losing out to ... Read More
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Convenience Retailers in the Czech Republic
In 2024, convenience retailers in the Czech Republic posted further growth in current value sales. Convenience stores registered strong growth, much faster than in 2023, although the increase in current value sales slowed in forecourt retailers. Overall, growth in 2022 and 2023 was mainly caused by ... Read More
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Discounters in the Czech Republic
Discounters in the Czech Republic continued to see positive, albeit slight, current value growth in 2024. Stronger growth in 2022 and 2023 was due to higher prices related to high inflation. The spikes in prices worsened the economic situation for consumers, resulting in a decline in the volume of p ... Read More
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Convenience Retailers in Slovakia
In 2024, retail value sales in convenience stores increased, and outlet numbers continued to expand. However, rising price points and frugal shopping behaviour of Slovak households, impacted sales. This was combined with negative consumer sentiment, and uncertainty due to potential new taxes, negati ... Read More
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Convenience Retailers in South Korea
Convenience retailers in South Korea continued to see growth in outlet numbers and current value sales in 2024. The share of convenience retailers also continued to rise within overall offline retail. While forecourt retailers maintained value growth in 2024, it was convenience stores which continue ... Read More
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Discounters in Slovakia
In 2024, retail value sales increased by 6% in discounters in Slovakia. The thrifty shopping behaviour of consumers and the challenging economic situation for Slovak households have benefited the performance of discount retailers, which are perceived as a strong value-for-money option by local shopp ... Read More
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Discounters in South Korea
The total number of outlets of discounters declined in South Korea in 2024, but despite this, sales increased in current value terms. Store closures were driven by cost-cutting measures, operational efficiency strategies, and market saturation in certain areas. Despite fewer locations, strong demand ... Read More
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General Merchandise Stores in Slovakia
In 2024, retail value sales for general merchandise stores grew by 39%, with variety stores being the main retailers in this category. Variety stores, particularly those offering price-friendly products, performed well due to increased price sensitive behaviour, and consumers actions to save money. ... Read More
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Convenience Retailers in Japan
In May 2023, the Japanese government reclassified COVID-19 from a Category 2 infectious disease, which was deemed extremely high-risk, to Category 5, aligning it with seasonal influenza. This significant change led to the relaxation of various pandemic measures, creating a widespread impression that ... Read More
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Convenience Retailers in Australia
While value sales of convenience retailers in Australia, both via convenience stores and forecourt retailers, recorded low growth in 2024, the number of outlets in the channel continued to rise. A number of retailers expanded their networks during the year, including Ampol Ltd, 7-Eleven Stores Pty L ... Read More
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Discounters in Australia
Value sales through discounters in Australia fell in 2024, as the only brand in the channel, Aldi, closed underperforming stores. Nevertheless, value sales and store count remained significantly higher than pre-pandemic levels, with discounters still proving popular with price-sensitive consumers at ... Read More
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General Merchandise Stores in Australia
After a strong rebound in 2022 as pandemic-related restrictions were eased, department stores in Australia struggled to maintain momentum in 2023 and 2024, with minimal growth in retail value terms. The end of the lockdowns offered a short period of strong sales followed swiftly by high inflation an ... Read More
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Discounters in Saudi Arabia
Retail value sales continued to grow rapidly in discounters, albeit from a low base, as this is a small category in Saudi Arabia. Outlet expansion in the discounter channel was aggressive in 2024, led by Al Dukan Retailing Co which is now backed by Kanyon Ltd, one of the leading discount retailers i ... Read More
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General Merchandise Stores in Singapore
In 2024, general merchandise stores in Singapore struggled as a result of the strong Singapore dollar, which has influenced consumer spending in multiple ways. With rising living costs and greater caution around discretionary expenditure, many Singaporeans have reduced their outlay on non-grocery me ... Read More
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Convenience Retailers in Saudi Arabia
Convenience retailers was the second fastest-growing grocery retail channel in Saudi Arabia over 2024, following the rapidly expanding discounter model. Players are capitalising on the rapid pace of urbanisation and infrastructure development in Saudi Arabia to expand their network of convenience st ... Read More
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Convenience Retailers in Indonesia
Convenience retailers saw current value growth in Indonesia in 2024. During the year, both outlet numbers and value sales rose in the category. Convenience stores and forecourt retailers experienced similar growth trends in 2024. The addition of outlets in areas outside Java by the two brands with t ... Read More
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Convenience Retailers in Singapore
Convenience retail in Singapore saw changes in its competitive landscape in 2024. South Korean convenience store chain Emart24 entered the country in December 2022, introducing an array of Korean snacks, ready-to-eat meals and beverages, alongside seating for patrons to consume their purchases on th ... Read More
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Convenience Retailers in Hong Kong, China
Despite a marginal decline in 2024, driven by the dominant convenience stores, value sales through convenience retailers in Hong Kong remained significantly higher than pre-pandemic levels, while the number of outlets continued to rise. The channel is appreciated for offering products at more compet ... Read More
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General Merchandise Stores in Hong Kong, China
Value sales of department stores in Hong Kong recovered in 2024, following a decline the previous year, while the number of outlets continued to rise. Sales were supported by the increase in new shopping centres and the emergence of unique stores which opened during the year. Despite the fact that m ... Read More
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Discounters in Portugal
Discounters continued to benefit from consumers’ ongoing price-sensitivity in Portugal in 2024. Although interest rates have come down and stabilised since the high of 2022, the repercussions of this continue to affect the prices of goods and utilities, leading to reduced consumer spending power and ... Read More
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Convenience Retailers in Vietnam
Convenience stores in Vietnam recorded sustained growth in 2024, particularly in major urban centres such as Ho Chi Minh and Hanoi. A busy and modern lifestyle fuels this trend, and younger consumers - especially Gen Z and students - are increasingly drawn to the wide product selection and air-condi ... Read More
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Convenience Retailers in Portugal
Convenience retailers benefitted from an ongoing increase in outlets in Portugal in 2024, which is cited to be at the detriment of small local grocers. This outlet expansion is due to partnerships with large distribution networks, with logistical support offered through the partnerships themselves, ... Read More
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Convenience Retailers in New Zealand
Convenience stores already charge higher prices compared to the modern channel, as consumers are normally willing to pay more at local stores where they stock up on a few essentials. With consumers becoming increasingly price sensitive in this economic climate, and prices rising, convenience stores ... Read More
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Convenience Retailers in Chile
Convenience retailers in Chile continued on its positive growth path in 2024, with brands enjoying an increase in both outlet and value sales terms. This trend was applicable to both convenience stores and forecourt retailers, driven by greater mobility and busy lifestyles. Convenience retailers ben ... Read More
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Discounters in Chile
Discounters in Chile remained a smaller grocery retail channel in the local market, with many local consumers still preferring to frequent supermarkets and hypermarkets in general, even with the slowdown of the economy in the last 2-3 years of the review period. While known for somewhat convenient p ... Read More
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