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Learn moreMar 2020
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Thanks to rising incomes and declining unemployment, combined with the premiumisation trend, the value of the average grocery shopping trip in Slovakia rose over the review period. Supermarkets benefited from the positive economic climate, despite strengthening competition, arising mainly from discounters and convenience stores.
Grocery retailing has seen a dynamic shift in light of discounters growth, changing consumer preferences and lifestyles in recent years. In the face of growing competition, supermarkets recognised the need to modernise and digitalise to maintain and expand their customer bases.
Thanks to its very dense regional coverage, supermarkets will remain a major retailing option in grocery retailing in Slovakia. Value growth over the forecast period is expected to be slightly higher than that over the review period.
Supermarket chain Kraj introduced in 2018 by Terno Real Estate, posted high growth in 2019, nearly doubling its number of its outlets during the year. Kraj combines a traditional supermarket, to offer a stores with healthy products, and local, domestic goods; it also offers basic foods, commonly bought in supermarkets for reasonable prices, as well as products from regional producers, either Slovak or foreign ones, and an extensive assortment of special healthy products.
In 2019, CBA stores operated by CBA Slovakia closed its doors. Spero bought the stores over the review period in 2018, and renamed them to Potraviny Kacka.
Coop Jednota Slovensko maintained its lead in 2019. The retailer continued reducing the number of convenience stores located in rural areas in favour of its supermarkets.
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Discover the latest market trends and uncover sources of future market growth for the Supermarkets industry in Slovakia with research from Euromonitor's team of in-country analysts.
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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.