PROSPECTS AND OPPORTUNITIES
Department stores to see cautious investments
General merchandise stores is expected to see further value growth over the forecast period. Variety stores is set to expand at a faster rate than department stores.
Variety stores could regain competitive edge as government closes tax loopholes
Despite the rapid expansion of variety stores in urban areas and city centres, the channel remains relatively underpenetrated in rural and semi-rural areas. As a result, new and existing players will likely take advantage of such opportunities to improve their market penetration.
Makro may intensify competition with department stores
Massmart is implementing a new strategy by converting four Game stores into smaller-format Makro outlets, known as mini-Makro stores. This initiative aims to test the viability of smaller Makro stores within shopping centres, with each new outlet being about a quarter of the size of a traditional Makro store.
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Overview:
Understand the latest market trends and future growth opportunities for the General Merchandise Stores industry in South Africa 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 South Africa, 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 South Africa 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 South Africa?
- Which are the leading retailers in General Merchandise Stores in South Africa?
- 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 South Africa - Category analysis
KEY DATA FINDINGS
General merchandise stores continues to expand despite challenges
Edgars beats the odds by regaining traction
The Crazy Store continues to expand
Department stores to see cautious investments
Variety stores could regain competitive edge as government closes tax loopholes
Makro may intensify competition with department stores
Retail in South Africa - Industry Overview
Retail in 2024: The big picture
Competition intensifies, leading to a more consolidated market
SARS introduces new regulation for cross-border e-commerce
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Back to School
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.
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