Department Stores

Whilst the country’s economy was relatively undisturbed by the pandemic in 2020, the COVID-19 outbreak in mid-2021 (May to July) greatly changed the consumption habits and lifestyles of the Taiwanese population, and had a significant negative impact…

The retail current value sales of department stores, which had already been in decline for most of the review period, plunged by more than a quarter during 2020 as they were particularly badly affected by pandemic movement restrictions. Seeing as…

Even though there were no COVID-19 lockdowns in Sweden, unlike the majority of other European countries, and restrictions were much looser, the pandemic still resulted in a strong decrease in the number of visitors to department stores to avoid…

Sales figures from department stores in 2021 remained much lower than those recorded pre-pandemic. The small increase in 2021 when compared to 2020 was due to the marginal improvement in footfall to bricks-and-mortar stores, which was the result of…

The COVID-19 pandemic saw operators of department stores shift their focus towards online sales with their physical outlets being significantly affected by quarantine regulations. Although the e-commerce platforms of the main players continued to…

Adopting an omnichannel strategy has no doubt become the main route taken by department stores as the channel remains relevant to many local consumers. As one of the preferred channels chosen by Chileans to buy a wide range of products from apparel…

With Debenhams Retail Plc’s eponymous brand exiting the country in 2018, Sofia Department Stores OOD’s Notosgalleries now operates the only department store outlet in Bulgaria. Pandemic restrictions and the economic shock of COVID-19 hit…

The concept of department stores was already losing favour with Polish consumers prior to the emergence of COVID-19, who increasingly perceived the channel to be outdated. Local consumers increasingly appreciate shopping at specialist stores with…

After a challenging year in 2020 when department stores witnessed declining sales, the channel registered a positive performance in 2021. The pandemic led to the introduction of various restrictions to control the spread of the virus including a…

The retail current value sales of department stores rose during 2021, as daily life began to normalise and consumers began to spend again. The middle- and high-income consumers that are the mainstay of department stores increased their discretionary…

Department stores was heavily affected by the sharp drop in tourism, reduced store traffic and declining discretionary spending in light of the Coronavirus (COVID-19) pandemic. Department stores suffered as they did not have an efficient digital…

Department stores were hugely negatively impacted by the pandemic and continued to be negatively impacted in 2021, as registered the steepest constant value decline among all retailers, apart from vending. Department stores are losing favour among…

2021 saw the Singapore-origin department store Robinsons become one of the highest-profile casualties of the COVID-19 pandemic in Malaysia as both of the Robinsons department stores in the country closed down permanently, with the retailer winding up…

Sales of department stores were strongly affected at the beginning of the pandemic due to the mandatory closure on all commercial activities considered non-essential as part of the measures to counteract the health emergency produced by COVID-19.…

There were no department stores operating in Romania during 2021 and it is considered very unlikely that such retail outlets will emerge in the country during the forecast period. Department stores have a very old-fashioned image in the country due…

In 2021, the value sales of department stores remained significantly below the 2019 level, posting only a relatively limited recovery, particularly when compared with other store-based channels. This is due to the performance of Galeria Karstadt…

Department stores in Israel was already posting declining sales and closing outlets prior to the pandemic, as operators in the channel have failed to reinvent themselves and are therefore increasingly perceived as outdated. These stores also tend to…

Department stores saw a small decline in value sales terms in 2021. This was mostly due to the mandatory closure of department stores for three and a half months at the start of the year due to a new wave of COVID-19 infections.

Department stores continued to suffer from an identity crisis in Finland in 2021 having lost their place in the world slightly in the face of growing cross-category competition. In addition to the bankruptcy of the Anttila chain, the channel…

Having plunged by more than a fifth during 2020 due to COVID-19 restrictions, the retail constant value sales (2021 prices) of department stores rebounded strongly in 2021, exceeding their pre-pandemic peak. The fact that the number of department…