Reportlinker Adds Global Department Store Retailing
Global Department Store Retailing
This report provides comprehensive coverage of the global department store market with analysis segmented into Europe, North America, Japan and the Rest of the World. It provides regional market values, product shares, insight into the main regional players and analysis of key market drivers and inhibitors. It also provides comprehensive profiles of the Top 12 global department store retailers.
The global department store market shrank by 4% in 2009 (to $343bn), pulled down by falls of over 6% in North America and Europe where consumers have reacted to the rising tide of unemployment, smaller bonus payments and falling asset prices by reducing non-essential expenditure and switching to more value-orientated retailers.
With opportunities for further stores often limited in mature developed markets, an increasing number of operators aim to build an international presence. The fastest expansion is being achieved by those using franchises, such as Debenhams and Marks & Spencer. Others prefer a more direct approach with whole- or part-ownership of new stores.
Despite dampened growth in 2009, we expect sales to bounce back in 2010, with many emerging Asian markets ripe for development. Department store operators still tend to be regionally based and offer huge scope for further growth to meet the demands of an increasingly affluent and aspirational urban population in countries such as China.
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-- Value of the department store sector in North America, Europe, Japan, Latin America, China, MEA and the rest of Australasia with forecasts to 2014. -- Profiles of the Top 12 retailers including details of current and future strategies, sales performance, store numbers and other operating data to 2009. -- A dedicated chapter for each region inclusive of sales, store numbers, space as well as insight into the main players and key regional sector trends.
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