Department stores recorded strong growth in 2022, especially driven by apparel, footwear and beauty products, with social-distancing measures and outdoor mask mandates fully lifted and consumers’ frequency of outdoor activities increasing. Affluent custom…
Variety stores enjoyed a boom in Colombia in the review period. The arrival of new brands and the consolidation of others underpinned the channel’s success. The leading brands, such as Miniso, Dollarcity, Inkanta, Morph, Pylones and Magasin, were joined b…
The use of strict lockdown restrictions in Malaysia during 2020 and 2021 to control the spread of COVID-19 presented a significant challenge to many department stores. This was due to these retail outlets typically being located in busy city centre shoppi…
Players in department stores really began to see light at the end of the tunnel in 2022, after a disastrous performance in 2020 (almost the worst performance in retailing), and only a partial rebound in 2021. The continued double-digit recovery in 2022 wa…
In 2022, the full lifting of social-distancing measures and the outdoor mask mandate helped both retail e-commerce and retail offline post healthy sales growth rates in this year. Among retail offline channels, department stores was one of the most dynami…
After another difficult year in 2021 when retail was hit by further lockdowns and restrictions, the picture was much brighter in 2022 as the country entered a period of normalisation. The lifting of Malaysia’s international border restrictions in April 20…
Retail in the French market posted modest current value growth in 2022. On the one hand, there was logical normalisation after the atypically negative situation of 2020 and early 2021. In particular, consumers returned to offline retailing after a couple …
During 2021 and 2022 retail saw healthy current value sales growth across formats in Colombia. Against forecasts, household consumption sustained the country's economy and kept it on a growth path. This was highly visible in the country’s retail sphere. I…
There are relatively few variety stores in Morocco, but their number increased steady throughout the review period. Most of the products sold by variety stores are relatively low priced, so many consumers continued to buy them – even in a difficult econom…
Sales from department stores saw strong growth in 2022 thanks to a significant improvement in footfall to bricks-and-mortar outlets in the first half of the year, following temporary store closures during the same period in the previous year. The pent-up …
Department stores registered a contraction in value sales in 2021, and also in 2022, with Falabella having closed its stores and left the country in 2021. As a result of Falabella’s departure, the Mexican player, Coppel, is the only department store chain…
The Moroccan retailing landscape continued to report a steady increase in 2022 after the decline caused by lockdown restrictions in 2022. However, this performance was supported mainly by a rise in inflation to 5.5% from a 0.6% low in 2020. In response to…
Following the strong growth seen in 2021, retailing in Ireland recorded another solid rise in total current value sales in 2022. However, the performance of the market in this regard has been skewed by steep unit price hikes, notably across grocery items,…
In 2022, retail value sales in Argentina saw double-digit growth, but this is explained by the high rate of inflation, a chronic disease in Argentina impacting not only demand, but supply and the variety of products available, as well as shopping habits. …
Though general merchandise stores registered current value growth, constant value sales fell. Inflation spiralled in 2022, largely caused by the energy crisis stemming from the war in Ukraine, as well as global shortages of key products. On top of this, f…
While there was double-digit current value growth in retail in 2022, constant value sales fell and there was limited openings of outlets, as continuing soaring inflation hit consumer purchasing power. Also, the Nigerian oil industry did not benefit as muc…
General merchandisers saw positive growth in 2022, thanks to department stores recording growth, although variety stores saw a contraction in constant value terms. The pandemic and the subsequent lockdown measures significantly impacted department stores…
TEDi Betriebs sro, with a majority of standalone outlets, remained the leading player in general merchandise stores in 2022 and was followed by Tchibo Slovensko. The latter focuses on marketing and promotions and runs weekly discounts on a limited range o…
Home confinement and remote working as a result of the pandemic in Portugal changed consumers’ behaviour in 2020. This was reflected in the performance of the dominant department store chain El Corte Inglés (in value sales terms). The retailer suffered a …