PROSPECTS AND OPPORTUNITIES
Department stores could benefit from Olympic trickledown effect
Department stores - key players in the general merchandise retail sector in France - will struggle to achieve any positive real value growth (at constant 2024 prices) over the forecast period. A significant challenge is emerging from the declining loyalty of millennial Chinese consumers, who unlike previous generations, are showing a markedly reduced inclination to view shopping in traditional European luxury destinations - such as Paris, London, and Milan – as an essential part of their travel experience.
Variety stores are set to continue to thrive
Variety stores are poised to sustain their success in the foreseeable future, as ongoing negative economic conditions continue to favour sales within this sector. This growth is expected to occur at the expense of key competitors - such as homewares and home furnishing outlets, as well as discount retailers - which may find themselves drawn into price wars.
Galleries Lafayette banks on post-Olympics recovery
While its BHV brand faces significant challenges and may even disappear from the high street in the short term, Galeries Lafayette SA remains confident in its flagship brand. Over the past four years, the group has invested EUR400 million to modernise its stores and operations through a comprehensive strategy that encompasses flagship renovations, logistics upgrades, digital integration, and enhanced customer experiences.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the General Merchandise Stores industry in France 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 General Merchandise Stores industry in France, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The General Merchandise Stores in France 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 General Merchandise Stores in France?
- Which are the leading retailers in General Merchandise Stores in France?
- 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?
General Merchandise Stores in France - Category analysis
KEY DATA FINDINGS
Variety stores lead growth amid cost of living pressures
Department stores register slower growth amid weaker foot traffic
Action goes from strength to strength
Department stores could benefit from Olympic trickledown effect
Variety stores are set to continue to thrive
Galleries Lafayette banks on post-Olympics recovery
Retail in France - Industry Overview
Retail in 2024: The big picture
Quest for lowest prices across all social classes
New technologies continue to shape retail
Competitive landscape becomes increasingly consolidated, following strategic mergers and acquisitions
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas (Noël)
Back to School (La Rentrée)
Winter and summer sales seasons
DISCLAIMER
The following categories and subcategories are included:
General Merchandise Stores
- Department Stores
- Variety Stores
General Merchandise Stores
The aggregation of department stores and variety stores.
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 General Merchandise Stores research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!