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Learn moreMar 2021
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Variety stores posted a decline in 2020, as mandatory store closure during lockdown took its toll on companies’ sales. Flying Tiger, whose stores are located in shopping centres and train stations, relies on tourists and high footfall and saw higher losses than players such as Tchibo, which is more diversified in terms of location and has an online presence.
Two international chained operators, Tedi and Action, entered variety stores in the Czech Republic in summer 2020. Tedi opened two stores and Action opened five.
Tchibo, the leading variety store operator in the Czech Republic in 2020, opened a new flagship store in Prague towards the end of the review period. The store has a unique concept layout with separate coffee shop and store sections, and in this way, it is tailored for tourists seeking somewhere to have a quick coffee and a snack.
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Discover the latest market trends and uncover sources of future market growth for the Variety Stores industry in Czech Republic with research from Euromonitor's team of in-country analysts.
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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.