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…

In an uncertain economic environment that saw local consumers limit their purchases on non-essential items, the retail constant value sales of variety stores continued to decline during 2021, albeit at a slightly lower rate than in the previous year.…

Variety stores saw a strong recovery in 2021 as Russia lifted its COVID-19 restrictions and foot traffic picked up. Category leaders like Fix Price remained popular due to their convenient locations. Many variety stores outlets are located in close…

Remembering a famous quote by Bernardo Trujillo, the 1960s guru of “supermarketing” in the US, “Poor people need low prices. Rich people love them”. This is perhaps why variety stores were one of the least affected non-grocery retailing channels in…

Following an extremely dynamic performance pre-pandemic in Poland, variety stores experienced a notable slowdown in value growth in 2020 due to non-essential store closures for much of the year in line with restrictions driven by the emergence of the…

Variety stores looked set to see value sales decline further in 2021. As in other retailing channels, the COVID-19 crisis has had a marked impact on the performance of variety stores, although it has been less severely affected than channels such as…

The pandemic continued to adversely impact Australians and their spending habits towards the end of the review period. Prior to the outbreak of COVID-19, variety stores had been under growing pressure, largely due to the general trend towards…

Variety stores had a difficult year in 2020, suffering from competition from hypermarkets and supermarkets, which were allowed to open during the lockdown and which also have an increasingly strong online presence. In 2021, they returned to growth…

Having recorded a double-digit decline during 2020, the retail current value sales of variety stores rebounded in 2021 but remained well below their 2019 level. Even before the onset of the pandemic, the retail current value sales of variety stores…

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…

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…