PROSPECTS AND OPPORTUNITIES
Discounters and supermarkets to continue to pressure hypermarkets
The growth performance of hypermarkets is set to continue to stagnate as a result of the expansion of supermarkets and discounters. These formats are direct competitors to hypermarkets, as they have similar value propositions featuring competitive prices and a wide array of private label products.
Investments in sustainability to lower operating costs and gain consumer goodwill
Ecologically-minded Czech consumers show their support for the sustainable practices of businesses. For this reason, more retailers are adopting sustainable practices to improve their image in consumers’ eyes.
Omnichannel approach to help hypermarkets compete
The largest players in hypermarkets are moving into the online channel. In launching its online marketplace, Kaufland is establishing itself as more than just a grocery retailer, becoming an increasingly popular place for consumers to shop for affordable products online beyond grocery assortments.
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Overview:
Understand the latest market trends and future growth opportunities for the Hypermarkets 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 Hypermarkets 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 Hypermarkets 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 Hypermarkets in Czech Republic?
- Which are the leading retailers in Hypermarkets 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?
Hypermarkets in the Czech Republic - Category analysis
KEY DATA FINDINGS
Stagnation as consumers look for more convenient shopping locations
Kaufland leads as rivals focus on smaller grocery formats
New VAT rates impact hypermarkets
Discounters and supermarkets to continue to pressure hypermarkets
Investments in sustainability to lower operating costs and gain consumer goodwill
Omnichannel approach to help hypermarkets compete
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
Hypermarkets
Hypermarkets are chained or independent retail outlets with a selling space of over 2,500 square metres and with a focus on selling both grocery and non-grocery merchandise. Hypermarkets are frequently located on out-of-town sites with large parking lots or as the anchor store in a shopping centre. Example brands include Carrefour, E Leclerc, and Walmart Supercenter.
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 Hypermarkets research and analysis database.
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