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Country Report

Mixed Retailers in

Mixed Retailers in Slovakia

41 pages, Jan 2017

US$990

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Executive Summary

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TRENDS

2016 saw a marginal decline in the numbers of mixed retailers outlets as well as marginally positive current value growth. Mixed retailers is losing out due to the competition that the channel faces from other, more progressive retail channels. The remaining department stores operated by Tesco Stores SR are located in premises which were department stores during Czechoslovakia’s Communist era and the company has taken few steps to develop them any further. It is, however, possible that Tesco might restructure its overall business in Slovakia in order to maximise profitability and the sale of its department stores would certainly be one option. Furthermore, historically, variety stores have not gained widespread popularity in Slovakia as consumers have failed to identify which product types variety stores are most useful for. The one exception to this is the channel’s leader Tchibo Slovensko, which benefits from massive advertising campaigns and consistent outlet expansion.

COMPETITIVE LANDSCAPE

Tesco Stores SR led mixed retailers in 2016 with a 30% value share. The company has been the historical leader in the channel as it is the only company operating department stores in Slovakia. For the company, this channel is only a marginal part of its operations in the country and it is possible that Tesco may leave the channel completely over the forecast period. The company recorded marginal growth in its value share in the channel in 2016.

PROSPECTS

During the forecast period, mixed retailers is expected to develop mainly through the increasing importance of variety stores. There is a possibility that international variety stores chains will enter Slovakia. The future of department stores as a channel is expected to remain under question and it is indeed possible that Tesco Stores will sell its remaining outlets and that they will be transformed into discount outlet malls, for instance. Another round of economic downturn and any further turbulence in the Slovakian labour market may bring higher popularity to variety stores.

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Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Mixed Retailers industry in Slovakia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Mixed Retailers industry in Slovakia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Mixed Retailers in Slovakia market research report includes:

Analysis of key supply-side and demand trends
Detailed market shares for international and locally-based retailers
Historic number of stores, selling space and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

How big is the Mixed Retailers channel in Slovakia?
Who are the leading retailers in Slovakia?
How are mixed retailers competing against the growth of grocery retailers?
Are consumers switching towards value retailers or moving upmarket?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Retailing market research database.

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Country Report

Mixed Retailers in Slovakia

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Executive Summary

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TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

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Overview

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