PROSPECTS AND OPPORTUNITIES
Mixed results expected over forecast period
The outlook for the general merchandise store channel in the Netherlands will be mixed over the forecast period. While Action is expected to continue its strong growth trajectory, with Hema also projected to perform relatively well, many other retail brands are likely to face difficulties, with some potentially exiting the market.
Blokker unlikely to reopen in 2025
Shifts within the general merchandise store landscape could emerge early in the forecast period. The viability of long-established retail brands, such as Blokker and Xenos, is in serious doubt, as both have struggled with sales growth and profitability for many years.
Luxury department store De Bijenkorf will struggle to retain relevance
De Bijenkorf, the only major luxury department store chain in the Netherlands, faces a challenging outlook, with retail sales value expected to register further declines. The shift from brick-and-mortar department stores to online competitors has impacted the company, mirroring global trends affecting luxury retailers.
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Overview:
Understand the latest market trends and future growth opportunities for the General Merchandise Stores industry in Netherlands 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 Netherlands, 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 Netherlands 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 Netherlands?
- Which are the leading retailers in General Merchandise Stores in Netherlands?
- 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 the Netherlands - Category analysis
KEY DATA FINDINGS
Variety store retailer Action drives growth
Blokker under threat of disappearing from the market
Hema benefits from new strategy
Mixed results expected over forecast period
Blokker unlikely to reopen in 2025
Luxury department store De Bijenkorf will struggle to retain relevance
Retail in the Netherlands - Industry Overview
Retail in 2024: The big picture
Big names face bankruptcy
Retail e-commerce sees modest decline
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Sinterklaas (St Nicholas)
Christmas
Winter sales
Summer sales
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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