Variety Stores

Variety stores increasingly offer a wide variety of both large and small products, ranging from decorations and bazaar products, to stationery and toys. In this way, buyers can find products from kitchen utensils to children’s toys and decorative ...

Variety stores is a relatively minor retailing channel in the Bulgaria, comprised primarily of small outlets selling a mix of apparel, personal care products, consumer appliances and homewares. Variety stores continues to attract consumers with a ...

Although variety stores continued to see current value growth and a slow rise in outlet numbers in 2019, it remained a very small channel. Colombians perceive variety stores as outlets from which to buy cheap bric-a-brac, whose low prices practically...

There is limited competition in retailing in the country and, as a result, retail prices are generally high and the range of products is relatively narrow. In such an environment, variety stores has been an especially appealing channel where ...

The assortments of variety stores tend to overlap strongly with drugstores/parapharmacies and modern grocery retailers like discounters and hypermarkets. These retailing formats are more competitive on price due to the larger economies of scale for ...

The variety stores channel saw continued growth in 2019. Independent variety stores are garnering consumer attention due to the wide variety of products they offer at cost-effective prices. All items at SR5/10 variety stores are particularly popular ...

While some retailers struggled during the review period due to uncertainty within South Africa’s economy, variety stores continued to see healthy growth. Consumers appreciate the value these stores offer, with prices often lower than those available ...

Variety stores will continue benefiting from tight consumer budgets, which, despite the country’s return to a more stable economic environment, are shaping – and will continue to shape – price-sensitive consumer behaviour. In this context, small ...

Under the influence of the US-China trade war and the public pension fund reform, which slashed public servants’ retirement pension, the economy in Taiwan was full of uncertainty in 2019 and consumers became more cautious in their spending. Variety ...

The fixed price concept resonates strongly among consumers in Ukraine. Many shoppers need to save money on fmcg by buying the cheapest products. Fixed price stores offer a variety of household and other goods at extremely low prices, which are ...

Variety stores performed positively in 2019. Players in this channel are popular among a high number of consumers due to their continued focus on offering products at very low prices. This enables them to attract consumers from low-income households ...

Variety stores in Portugal is extremely fragmented and characterised by a range of different concepts and business models. The channel is dominated by small and independent fixed price stores, usually denominated as “Loja dos 300”, and Chinese and ...

Towards the end of the review period, variety stores saw increasing footfall. Visiting variety stores has become a popular pastime among middle-class Malaysians, who appear to be happy spending time exploring these stores and browsing the myriad ...

In variety stores, Vietnamese consumers display a preference for Japanese or South Korean brands. Japanese variety store retailers such as Daiso and Komonoya were pioneers amongst international variety stores players in Vietnam. However, with the ...

Value sales of variety stores in the Czech Republic are being driven by the three leading chains: Tchibo, Top Shop and Flying Tiger Copenhagen. However, sales remain very fragmented, with the large, albeit declining, number of independent stores ...

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 ...

Variety stores was one of the fastest-growing channels in the Philippines at the end of the review period, as major brands expanded aggressively, and new players entered the market. Rising demand amongst younger consumers is a key driver of growth in...

The variety stores channel saw a weaker performance in 2019 compared with the previous year. The channel used to be popular, offering products at very competitive prices. Such outlets were popular under the “everything is 2.5” concept, meaning that ...

Despite rising incomes, some chained variety stores often offer budget items in Slovakia, and the offering of low prices attracts consumers from all income levels. The concept of buying a product at a bargain price continues to drive sales for Tchibo...

Variety stores recorded significant growth in 2019, boosted by the efforts of a single player, Studio Moderna SRL and its chain of stores, Top Shop. Although Studio Moderna, registered record-high sales in 2019, and will likely surpass this over the ...