Variety Stores

Variety stores current value sales and outlet numbers continued to decline in 2018, maintaining the negative trend observed throughout the review period. The channel has been on a downward trajectory for several years, mainly due to stiff competition...

Variety stores continued to see a current value decline in New Zealand in 2018. This can be attributed to the strong competition from other retail channels, such as internet retailing. With internet retailers offering a wide range of products at low ...

Variety stores had a negligible presence in India in 2018. The likelihood of variety stores becoming a relevant channel in India remains low, as there is no need for these retail outlets, as demand is met by the strong presence of informal retailing ...

Variety stores keeps recording fast growth in South Korea as the players offer not only low prices but also quite-good-quality products. For example, the channel leader, Daiso, competes through its good-quality products. Its products sell for around ...

Given the popularity of relatively new brands Tedi, Action and Flying Tiger Copenhagen and their continuing expansion activities, variety stores is expected to remain one of the fastest growing channels in store-based retailing in Austria over the ...

While most retailing channels saw slower value growth in 2018 variety stores actually saw stronger growth. This is because these stores focus on lower-income consumers with super low-priced strategies. Therefore, variety stores have benefited from ...

The majority of Canadian consumers are value-conscious and trend towards careful and considered spending with fewer spontaneous purchases. Even though the economic environment was positive in 2018, Canadian wage growth was still not keeping up with ...

Variety stores first emerged in Nigeria in 2015 as a new concept in mixed retailing via the opening of just one outlet under the Yudala banner. By 2018, there were three players in the channel. The recent entry of Miniso, which has introduced a ...

Variety stores tend not to have large sales areas. In this regard, it is crucial for them to be located within city centres or neighbourhoods. The success of these stores depends very much on their location, as their proximity makes potential ...

The top-ranked player within variety stores, Lojas Americanas, has been fiercely investing in expanding its outlet network within Brazil. The company expects to take advantage of the country’s large territory and the fact that Brazil counts on more ...

The success recipe of variety stores in France is a wide supply offered to consumers looking for good deals. In a context where internet retailing disrupts lifestyles and consumption habits, variety stores appear to pose the perfect opposition to the...

The recession benefitted variety stores as most operators in this category stock economy merchandise, which attracted cash-strapped consumers. Even though Greece exited the Memoranda in 2018, consumer confidence is still low; thereby the climate ...

Variety stores remained under duress in 2018 overall, with distinctly divergent fortunes across the channel. The performance of the category continued to be affected by the sale by traditional domestic player Blokker Nederland BV of most of its ...

Variety stores maintained a positive performance in 2018, with major brands such as Don Quijote, MUJI and 100 Yen Shop seeing ongoing growth. In an environment of persistent consumer price-sensitivity, variety stores such as Don Quijote and 100 Yen ...

The wide range of products offered at low prices by variety stores continued to attract local consumers in 2018. Even though mainstream retailers such as hypermarkets that often feature similar non-grocery items to variety stores, provide massive ...

Variety stores continued to record solid gains in value terms in 2018, although there was only one new outlet opened. This channel is popular with consumers for lifestyle products such as homewares, with this particularly true for fixed-price variety...

Variety stores in Morocco recorded fairly slow growth in current value terms at the end of the review period. It is worth mentioning that there is a lack of advertising and marketing by the leading players in variety stores. Unless such activity is ...

Rising consumer confidence is expected to boost demand for non-essential products, such as kitchenware, stationery and novelty products, which form the core offer of the leading players in variety stores. This is expected to drive significant growth ...

The competition in the Israeli market is very low, resulting in prices being quite high and the product variety being limited. In such a competitive environment, variety stores are especially appealing, as they offer a wide variety of products at low...

Although the main player in the channel, Studio Moderna, registered record high sales in 2018 and will likely surpass this in 2019, the variety store channel in Romania remained a niche. Its overall value sales are low when compared with other ...