The Business Research Company published its Department Stores & Other General Merchandise Stores Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Department Stores & Other General Merchandise Stores market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Department Stores & Other General Merchandise Stores market’s segments-
1) By Type: Department Stores, Other General Merchandise Stores
2) By Ownership: Retail Chain, Independent Retailer.
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Department Stores & Other General Merchandise Stores Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global department stores & other general merchandise stores market is expected to decline from $1843.6 billion in 2019 to $1810 billion in 2020 at a compound annual growth rate (CAGR) of -1.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4% from 2021 and reach $2026.5 billion in 2023.
Developments in digital technology are helping retail stores to use interactive displays to enhance the customer shopping experience. Interactive displays are digital displays that can be connected to a user’s smartphone to increase in-store customer involvement. They offer a variety of digital touch points, allow consumers to personalize shopping, give insights to keep building the relationship with the customers, and are high on entertainment value when compared to traditional static displays. Retailers also use interactive displays to communicate value propositions and drive incremental sales.
Few Points From Table Of Content
- Executive Summary
2. Report Structure
3. Department Stores & Other General Merchandise Stores Market Characteristics
4. Department Stores & Other General Merchandise Stores Market Product Analysis
5. Department Stores & Other General Merchandise Stores Market Supply Chain
……
20. Key Mergers And Acquisitions In The Department Stores & Other General Merchandise Stores Market - Market Background: Retail Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Department Stores & Other General Merchandise Stores Market, 2019, By Region, Value ($ Billion)
Table 4: Global Department Stores & Other General Merchandise Stores Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 5: Global Department Stores & Other General Merchandise Stores Market, Growth And Market Share Comparison, By Region
……..
Table 125: Global Retail Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 126: Global Retail Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)
Table 127: Global Department Stores & Other General Merchandise Stores Market In 2023- Growth Countries
Table 128: Global Department Stores & Other General Merchandise Stores Market In 2023- Growth Segments
Table 129: Global Department Stores & Other General Merchandise Stores Market In 2023- Growth Strategies
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The Business Research Company published its Department Stores & Other General Merchandise Stores Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global department stores & other general merchandise stores market.
The report covers the department stores & other general merchandise stores market’s segments- by type: department stores, other general merchandise stores and by ownership: retail chain, independent retailer.View Complete Report: https://www.thebusinessresearchcompany.com/report/department-stores-and-other-general-merchandise-stores-global-market-report-2020-30-covid-19-impact-and-recovery Department Stores & Other General Merchandise Stores Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Developments in digital technology are helping retail stores use interactive displays to enhance the customer shopping experience.
The "Global Department Stores Retailing, 2017-2022", report, published by, provides analysis of current and forecast market data for department store retail sales globally.
Department stores sales are projected to reach US$614.9 billion growing at a CAGR of 5.3% from 2017-2022.
The channel recovery is attributed to improvement in the global economy and rising disposable incomes, encouraging discretionary spending and stimulating demand.
Additionally, increasing tourism and the ensuing rise in tourist expenditure, increasing investment on the omnichannel experience and product diversification and personalization are set to support sales through department stores over the next five years.
This report offer - Current department store market sizes and forecasts to 2022 - Market insights based on consumer trends and changing economic and demographic factors - Department store retail sales and fastest-growing markets for department stores - Category level retail sales and forecast growth rates globally - Competitive landscape covering market share of major department store and their sales and trading update analysis, recent key events.
Scope - Global department sales to reach US$614.9 billion in 2022 - Middle East and Africa set to grow the fastest, extending lead over Australasia - Retailers are adopting novel strategies to stay competitive - Retailers offer personalized experiences to boost sales - Rightsizing is the new norm in the department stores landscape - Departments stores lose share across every product category bar luggage & leather goods.
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