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Learn moreNov 2020
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Store card transactions were directly impacted by the Danish government’s response to COVID-19, with many retail stores closing for a period of time. However, as there was no forced closure of retail stores outside shopping malls and department stores, the impact was relatively light compared to other countries with much stricter lockdowns.
In line with increasing demand for easy and convenient payment methods and further digitalisation in the form of mobile payments in Denmark, store cards continue to lose favour with local consumers. Many people are no longer interested in carrying around a number of different cards that are affiliated with various stores.
Forbrugsforeningen af 1886 continues to lead the highly fragmented store card competitive landscape. The company has traditionally benefited from the fact that its card can be used in a wide variety of outlets, even in stores such as IKEA, which offers its own card, in addition to offering discounts of up to 20% on products.
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Discover the latest market trends and uncover sources of future market growth for the Store Card Transactions industry in Denmark 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 Store Card Transactions industry in Denmark, our research will save you time and money while empowering you to make informed, profitable decisions.
The Store Card Transactions in Denmark market research report includes:
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Euromonitor’s industry reports, including Store Card Transactions in Denmark, originate from our database within our Consumer Finance market share and market size 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.