Global
Retailing

Global Retailing: Past Economic Crises - Can the Past Forecast the Future?

Euromonitor International's Global Retailing: Past Economic Crises - Can the Past Forecast the Future? examines whether recent high growth rates can be sustained in an economic downturn. Growth has been boosted by richer consumers spending more and some companies’ decision to sell a wider range of non-food products. Rising sales have supported expansion into new markets, new store formats and moves into private label products. However, the economic downturn has set some of these strategies back, this analysis looks at whether grocery retailers will continue to enjoy similar rates of growth in the future.

Chapters: 8  |  Publication date: May 2009
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Regional coverage

Western Europe; Eastern Europe; North America; Latin America; Asia-Pacific; Oceania; Africa and the Middle East

Table of contents

DEFINITIONS AND INTRODUCTION

Chart 1 Definitions and Introduction

DEFINITIONS

Chart 2 Definitions and Introduction

OBJECTIVES AND PARAMETERS

Chart 3 Definitions and Introduction

KEY FINDINGS

Chart 4 Definitions and Introduction

ECONOMIC CRISES OF THE LAST TWO DECADES

Chart 5 Definitions and Introduction

WESTERN EUROPEAN SLOWDOWN: 2001-2002

Chart 6 Western European Slowdown: 2001-2002

OVERVIEW

Chart 7 Western European Slowdown: 2001-2002

GDP CONTRACTION HITS WESTERN EUROPE

Chart 8 Western European Slowdown: 2001-2002

IMPACT OF THE WESTERN EUROPEAN SLOWDOWN

Chart 9 Western European Slowdown: 2001-2002

CASE STUDY: GERMANY AFFECTED BY DOWNTURN

Chart 10 Western European Slowdown: 2001-2002

CASE STUDY: ITALY LESS AFFECTED BY ECONOMIC PROBLEMS

Chart 11 Western European Slowdown: 2001-2002

CASE STUDY: PORTUGAL’S GROWING ECONOMY KEEPS TILLS RINGING

Chart 12 Western European Slowdown: 2001-2002

ROAD TO RECOVERY

Chart 13 Western European Slowdown: 2001-2002

ISRAELI CRISIS: 2001 – 2002

Chart 14 Israeli Crisis: 2001 – 2002

OVERVIEW

Chart 15 Israeli Crisis: 2001 – 2002

GROCERY CHANNELS BOOSTED DURING CRISIS PERIOD

Chart 16 Israeli Crisis: 2001 – 2002

RETAILERS CONTINUED TO EXPAND, DESPITE THE DOWNTURN

Chart 17 Israeli Crisis: 2001 – 2002

RETAILERS ADDED SALES SPACE QUICKER THAN NEW STORES

Chart 18 Israeli Crisis: 2001 – 2002

ROAD TO RECOVERY

Chart 19 Israeli Crisis: 2001 – 2002

LESSONS FROM ISRAELI CRISIS

Chart 20 Israeli Crisis: 2001 – 2002

JAPANESE CRISIS: 2001-2002

Chart 21 Japanese Crisis: 2001-2002

OVERVIEW

Chart 22 Japanese Crisis: 2001-2002

GDP GROWTH WAS ERRATIC DURING YEARS OF ECONOMIC DIFFICULTY

Chart 23 Japanese Crisis: 2001-2002

IMPACT OF THE JAPANESE CRISIS

Chart 24 Japanese Crisis: 2001-2002

CONSUMERS REACT QUICKLY TO SECOND DOWNTURN

Chart 25 Japanese Crisis: 2001-2002

RETAILERS LOOKED TO EXPAND DURING THE DOWNTURN

Chart 26 Japanese Crisis: 2001-2002

ROAD TO RECOVERY

Chart 27 Japanese Crisis: 2001-2002

LESSONS FROM JAPANESE CRISIS

Chart 28 Japanese Crisis: 2001-2002

HISTORIC LESSONS FOR RETAILING IN DEVELOPED MARKETS

Chart 29 Japanese Crisis: 2001-2002

MEXICO CRISIS: 2001

Chart 30 Mexico Crisis: 2001

OVERVIEW

Chart 31 Mexico Crisis: 2001

MEXICAN CONSUMERS SEE SPENDING POWER SHRINK

Chart 32 Mexico Crisis: 2001

RETAIL SALES GROWTH SLOWS POST CRISIS YEAR

Chart 33 Mexico Crisis: 2001

RETAILERS TAKE LONG TERM VIEW TO EXPANSION

Chart 34 Mexico Crisis: 2001

LESSONS FROM MEXICO CRISIS

Chart 35 Mexico Crisis: 2001

ARGENTINA CRISIS: 1999-2002

Chart 36 Argentina Crisis: 1999-2002

OVERVIEW

Chart 37 Argentina Crisis: 1999-2002

RETAILING HIT BY FALLING CONSUMER SPENDING POWER

Chart 38 Argentina Crisis: 1999-2002

CHANNELS FACE UP TO DOWNTURN IN DIFFERENT WAYS

Chart 39 Argentina Crisis: 1999-2002

RETAILERS EXPANDED THROUGH THE ADDITION OF NEW STORES

Chart 40 Argentina Crisis: 1999-2002

LESSONS FROM ARGENTINA CRISIS

Chart 41 Argentina Crisis: 1999-2002

HISTORIC LESSONS FOR RETAILING IN EMERGING MARKETS

Chart 42 Argentina Crisis: 1999-2002

HISTORIC LESSONS WORLDWIDE

Chart 43 Historic Lessons Worldwide

IMPACT ON RETAILING DURING GLOBAL ECONOMIC DOWNTURNS

Chart 44 Historic Lessons Worldwide

GROCERY CHANNELS – WINNERS AND LOSERS

Chart 45 Historic Lessons Worldwide

NON-GROCERY AND NON-STORE CHANNELS – WINNERS AND LOSERS

Chart 46 Historic Lessons Worldwide

CONCLUSIONS

Chart 47 Conclusions

RETAILING IS HIT DURING A DOWNTURN, BUT THERE ARE WINNERS

Chart 48 Conclusions

RETAILERS HOPING TO AVOID “DOUBLE DIP” RECESSIONS

Chart 49 Conclusions

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