Variety Stores

100 yen shops continued to show growth despite the pandemic due to their affordability and product variety. With the prolonged impact of COVID-19 home seclusion continued and consumers spent more time at home. Products sold at 100 yen shops were…

Variety stores was one of the big success stories of the COVID-19 pandemic. During the health crisis and in the face of economic uncertainty, consumers in Finland appreciated the low-price positioning and versatile product offerings of outlets in…

While economic uncertainty was the prevailing theme of 2020 and 2021, it is not entirely correct to associate variety stores with the lower socio-economic classes. Compared to mid-range outlets, retailers targeting low-income earners have struggled…

Variety stores was affected by the Coronavirus (COVID-19) pandemic as the public health crisis and its economic ramifications prompted consumers in Italy to cut their spending. The job losses, economic uncertainty and reduced spending power of…

Although variety stores was negatively affected by the temporary closure of stores during the pandemic in 2020, it returned to strong growth in 2021. One reason for the strong rebound was increasing consumer price-consciousness in light of the…

The retail current value sales of variety stores declined for the first time in almost a decade during 2020 as lockdown measures led many stores to close for an extended period. Given that part of the allure of variety stores is the in-store…

There is no presence of this channel in Peru and the channel is not expected to gain a significant presence in the forecast period.

Traditionally, most variety stores in Colombia have been family enterprises with a strong impact in neighbourhoods in which they perform as independent small grocers as part of a diverse ecosystem of traditional stores. These stores form an essential…

While 2020 saw the leading players in variety stores struggle to generate sales growth during the pandemic, 2021 was similar as various restrictions in place limited their ability to operate profitably. Among the main factors placing pressure on…

Variety stores are a small retailing channel in terms of value sales in Switzerland. However, variety stores are gaining some value share and registered positive current value growth both in 2020 and 2021. Variety stores benefit from Swiss consumers’…

In 2021, variety stores in Germany recorded a strong rebound following the impact of the pandemic in 2020. In fact, the channel far exceeded the 2019 level of sales in both current and constant terms. This is due to the ongoing strong upwards trend…

Variety stores saw a recovery in current value sales in 2021. This was mainly because variety stores offer everyday items at affordable prices, which became a more appealing alternative to price-sensitive consumers. Location remained a determining…

Variety stores in Taiwan are popular for their wide product offering, which meets consumers’ daily lifestyle needs at affordable prices. Consumers often enjoy discovering inexpensive everyday items when browsing in these stores. This adds…

While current value sales registered a double-digit increase in 2021, this growth was mainly due to soaring inflation and in fact in constant value terms, value sales actually fell in 2021. However, the fall in value sales was not as steep as in…

Variety stores registered its second consecutive year of negative sales growth in 2021 as the entire category struggled to recover from the requirement for all variety stores to remain closed throughout the quarantine lockdowns that were imposed upon…

Variety stores have been particularly hard hit by the pandemic and the economic shock that it has engendered, with their retail current value sales plunging by around half between 2019 and 2021. The stores operated by Daiso and MUJI – the dominant…

Variety stores was not a viable retail channel in Chile at the end of the review period, nor is there any data available to suggest that it will emerge over the forecast period.

Growth in the retail current value sales of variety stores accelerated sharply during 2021. As the economy began to recover from COVID-19, inflationary pressure eased, consumer confidence revived. As a result, footfall increased. Moreover, supply…

Deemed to be non-essential, variety stores were closed for a significant period in 2020 and for part of 2021 during lockdowns in Israel in line with new waves of the pandemic. The channel therefore witnessed a significant decline in value sales as…

Variety stores were pulled in differing directions in the pandemic due to changes in consumers’ spending patterns. These changes were most strongly apparent in Q2 of 2020 with more consumers seeking cleaning products and outdoor items for their…