PROSPECTS AND OPPORTUNITIES
More stable economic situation to boost demand through convenience retailers
After the period of high inflation that resulted in hikes in the cost-of-living for Czech households, the economic situation, including the rate of inflation, is stabilising. With the Czech National Bank’s goal of tame inflation, further improvements in the economic situation are anticipated.
Automation emerges as a key trend
Automation is emerging as a key trend in convenience retailers in the Czech Republic. This is seeing the adoption of fully automated, 24/7 self-service outlets.
Billa-OMV cooperation to add dynamism to forecourt retailers
Billa is cooperating with OMV Ceska republika to open Viva Billa stores at OMV fuel stations, thereby widening the range of outlets found in its network. Customers are able to purchase products similar to those in other types of Billa outlets, such as Billa Stop & Shop.
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Overview:
Understand the latest market trends and future growth opportunities for the Convenience Retailers industry in Czech Republic with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Convenience Retailers industry in Czech Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Convenience Retailers in Czech Republic report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Convenience Retailers in Czech Republic?
- Which are the leading retailers in Convenience Retailers in Czech Republic?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Convenience Retailers in the Czech Republic - Category analysis
KEY DATA FINDINGS
Lower VAT on groceries spurs traffic through convenience retailers
The leading brand sees key acquisition activity
New brand has the potential to disrupt the category
More stable economic situation to boost demand through convenience retailers
Automation emerges as a key trend
Billa-OMV cooperation to add dynamism to forecourt retailers
Retail in the Czech Republic - Industry Overview
Retail in 2024: The big picture
Automation offers operating cost reductions
Private label and price promotions gain weight as consumers look for value for money
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Shopping Season Name
Christmas
Easter
DISCLAIMER
The following categories and subcategories are included:
Convenience Retailers
- Convenience Stores
- Forecourt Retailers
Convenience Retailers
The aggregation of convenience stores and forecourt retailers.
See all of our definitionsWhy buy this report?
- 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
This report originates from Passport, our Convenience Retailers research and analysis database.
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