Category: General Retailing
General Retailing market research reports by Euromonitor International
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General Merchandise Stores in Turkey
General merchandise stores in Turkey saw good growth in 2024. Towards the end of the review period, department stores showed a greater focus on eco-friendly and socially responsible initiatives from its major players. For example, Beymen introduced the Beymen Reborn project during the review period, ... Read More
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Retail in Turkey
Retail in Turkey was impacted by still-high inflation and interest rates in 2024, negatively affecting consumer spending. Due to the economic crisis in Turkey, price-sensitive consumers were increasingly drawn to much more affordable products, while the country’s more affluent population and those m ... Read More
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Direct Selling in Turkey
Health and beauty remained one of the most popular product areas within direct selling in Turkey in 2024, facing fierce competition from store-based outlets; store-based outlets offer bundles or kits, especially for beauty and personal care items. Over the review period, health and beauty has seen i ... Read More
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Direct Selling in Hungary
After having posted solid growth earlier in the review period, direct selling in Hungary saw current value sales decline slightly in 2024. This was partly explained by reduced pricing pressures and more widespread discounting as inflation stabilised, though trade was also depressed by enduring budge ... Read More
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General Merchandise Stores in Hungary
General merchandise stores in Hungary continued to be solely represented by variety stores in 2024. This channel registered another impressive performance in current value terms, with sales increasing at a double-digit rate for a third consecutive year and growth picking up from 2023. The improvemen ... Read More
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General Merchandise Stores in Thailand
While the department stores channel only witnessed moderate growth in terms of the number of new outlets in Thailand in 2024, the category enjoyed much stronger growth in current value terms. This positive performance was in part thanks to the ongoing use of attractive marketing promotions which tap ... Read More
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General Merchandise Stores in the Philippines
The general merchandise stores channel in the Philippines, which is dominated by department stores, saw continued growth in current value terms in 2024. Growth was assisted by higher foot traffic in shopping malls, where a high number of these stores are located. Moreover, as a means of attracting c ... Read More
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General Merchandise Stores in Malaysia
General merchandise stores in Malaysia posted positive growth in retail current value and outlet terms in 2024, with variety stores registering the fastest growth rates in percentage terms. Department stores, the main format in general merchandise stores in retail current value and selling space ter ... Read More
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Direct Selling in Malaysia
Following strong growth in the early-to-mid-review period, direct selling in Malaysia registered a second consecutive year of decline in retail current value sales in 2024. Nonetheless, the decrease was moderate, and retail current value sales remained well above the 2019 pre-Coronavirus (COVID-19) ... Read More
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Direct Selling in the Philippines
Direct selling in the Philippines registered a further decline in current value terms in 2024. The channel suffered losses during the pandemic, when agents were unable to sell to their customers on a face-to-face basis. Direct sellers has also suffered from continued competition from the e-commerce ... Read More
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Direct Selling in Thailand
Direct selling finally saw a return to growth in current value terms in 2024, but sales remained well below pre-pandemic levels. Many consumers turned their back on direct selling during the pandemic due to concerns around the spread of COVID-19 and although these concerns have now largely vanished ... Read More
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Shoppers Are Redefining Value in Retail Amid a New Economic Reality
During times of economic uncertainty, consumers gravitate towards retailers that offer the lowest prices. With global GDP growth slowing and inflation remaining stubbornly high, this consumer preference is helping boost sales for discount retail formats. Price alone does not determine value, however ... Read More
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Direct Selling in Colombia
Direct selling has proven to be a resilient and adaptable retail channel in Colombia by taking advantage of the opportunities offered by technology. As a result, it is expected to see modest growth in 2024. According to Yanbal, digital platforms have improved the automation of sales, but due to the ... Read More
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General Merchandise Stores in Italy
Department stores in Italy performed well in 2024, with the channel seeing healthy growth in current value terms. Consumers continued to favour these outlets for their wide selection of brands and quality products in a single location. For instance, La Rinascente saw strong growth in current value t ... Read More
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General Merchandise Stores in Poland
Within general merchandise stores in Poland, department stores are undergoing a period of significant transformation, which was evident in 2024. Once synonymous with luxury and prestige, these stores now face numerous challenges to maintain their market position. To stay relevant, department stores ... Read More
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Direct Selling in Romania
It was a weak performance for direct selling in Romania in 2024. Current value sales were unchanged, though constant value sales fell significantly. A shift away from direct selling to e-commerce led to a drop in sales, as e-commerce also provides the convenience of direct delivery. In fact, direct ... Read More
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General Merchandise Stores in Sweden
General merchandise stores managed to achieve only minimal value growth in Sweden in 2024, compared to stronger growth seen in 2023. However, this can partly be attributed to the fact that prices are lowering in line with falling inflation. However, this improving economic scenario is also leading t ... Read More
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Retail in Sweden
Retail in Sweden saw continued positive value growth in 2024. The Swedish economy is showing signs of improvement, with inflation levels dropping in 2024 compared to the highs of 2022 and 2023, leading to growth seen in real wages, and improvements in consumer spending confidence. However, value sal ... Read More
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Retail in Italy
Retail saw positive growth in current value terms in Italy in 2024. Nonetheless, prevailing economic uncertainty, coupled with lower disposable income, undermined the performance of some retail outlets and retail categories. For example, home improvement and gardening stores and traditional toys and ... Read More
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General Merchandise Stores in Colombia
Department stores have struggled in 2024 due to weaker consumer confidence and lower discretionary spending caused by elevated living costs and interest rates. The leading department store Falabella has felt the impact of lower household consumption, with significant decreases in demand for consumer ... Read More
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Direct Selling in Poland
2024 proved to be a challenging year for direct selling in Poland. Many major companies reported a decline in sales, and the channel has experienced significant turbulence - particularly among the largest players. Avon and Tupperware's bankruptcy filings have had a notable impact on their Polish ope ... Read More
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General Merchandise Stores in Romania
In 2024, general merchandise stores in Romania were represented in totality by variety stores. While there was an increase in current value sales, constant value sales fell, as did the number of outlets. Variety stores have never really developed as a retail concept in a country with a strong tradit ... Read More
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Direct Selling in Sweden
Direct selling remained in a negative figure slump in Sweden in 2024, despite an improving economy, lowering inflation levels, and improving consumer spending power. Ultimately, direct selling is seen as somewhat old-fashioned and faces strong competition from other retail channels. As such, sales a ... Read More
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Retail in Romania
Retail in Romania registered modest current value growth in 2024, though constant value growth was minimal. Though inflation eased, it was still significant, and GDP growth was also sluggish. That being said, wage growth and pension increases contributed to an increase in consumption. However, consu ... Read More
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Direct Selling in Italy
Direct selling in Italy performed well in 2023 in current value terms, but the channel saw declining sales in 2024 as some key players such as Avon struggled for growth. Given the challenging economic scenario, some of the main brands have been investing in other channels to expand their sales with ... Read More
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