The department stores & other general merchandise stores market comprises establishments selling a wide variety of products such as housewares, furniture, consumer electronics, toiletries, toys, greeting cards, plastic wares, hardware, jewelry items, shoes, kitchen appliances, clothes, readymade garments, bakery, music world, gift items, cell phones, home appliances, cooking wares, furniture, sports equipment, frozen food and grocery items. They operate from fixed point-of-sale locations with equipment and staff capable of retailing a large variety of goods from a single location.
The top five companies covered are Wal-Mart, Costco, Kroger, Schwarz Unternehmens Treuhand KG and Carrefour. Walmart was the largest company in the department stores & other general merchandise stores market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global department stores and other general merchandise stores market was valued at around $4.5 trillion in 2017. Western Europe was the largest region in the department stores & other general merchandise stores market in 2017, accounting for 30% market share. The USA was the largest country in the market in 2017, accounting for around 15% market share.
Retail stores are increasingly using in-store automation to streamline retail shopping. Automation in retail stores is aimed at cutting the costs and time involved in store operations such as container movement, merchandise scanning, inventory checking, retrieving, packaging, and delivering products, and connecting with customers. Automation reduces waiting times, avoids stocking problems, enhances productivity and increases the overall customer experience