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Learn moreJan 2018
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Apparel and footwear retailers continued to gain value share in 2017 despite negative growth at constant 2017 prices since 2014. The gains were due largely to the chronic shortages and high prices that negatively affected other retailers.
Venezuelan consumers were concerned about chronic shortages of medicines and other beauty and personal care products, which were difficult to find in stores. In this context, factors such as convenience lost relevance and companies struggled to maintain regular operations.
Leisure and personal goods specialist retailers registered the greatest decline in terms of retail value share and number of outlets in 2017. The weak performance was due largely to a significant drop in the number of outlets in the traditional toys and games channel and sharp value sales declines within the bags and luggage, and jewellery and watch specialist retailers channels.
Launching a new store chain in times of crisis is a noticeable event. Balú is a chain with 25 stores in Venezuela and four abroad.
Upper and middle-income Venezuelans used to have a weak DIY culture. Electricity, plumbing and major painting jobs were usually contracted out.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Non-Grocery Retailers industry in Venezuela 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 Non-Grocery Retailers industry in Venezuela, our research will save you time and money while empowering you to make informed, profitable decisions.
The Non-Grocery Retailers in Venezuela market research report includes:
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This industry report originates from Passport, our Retailing market research database.
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.