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Department Stores & Other General Merchandise Stores Global Market Report 2019

Starting Price : $ 4000.00 | Pages : 300 | Published : January 2019 | SKU CODE : 5324 | Format :


Department Stores & Other General Merchandise Stores Market Characteristics

The department stores & other general merchandise stores market consists of sales by department stores & other general merchandise stores. These entities (organizations, sole traders and partnerships) sell new general merchandise from fixed point-of-sale locations to ultimate users. Establishments in this subsector are unique in that they have the equipment and staff capable of retailing a large variety of goods from a single location. This includes a variety of display equipment and staff trained to provide information on many lines of products.

Competitive Landscape of the Department Stores & Other General Merchandise Stores Market

Major competitor in department stores & other general merchandise stores are wal-mart,  Costco,  Kroger,  Schwarz Unternehmens Treuhand KG,  Carrefour

Department Stores & Other General Merchandise Stores Market Size

The department stores & other general merchandise stores market size is expected to increase by 2022, significantly growing at a stable CAGR during the forecast period. The growth in the department stores & other general merchandise stores market is due to the growing economy and rising spending power of individuals.

However, the market for department stores & other general merchandise stores is expected to face certain restraints from several factors such as growing trade restrictions and growing trends of online shopping.

Department Stores & Other General Merchandise Stores Market Segmentation

The global department stores & other general merchandise stores market is further segmented based on type and geography.
By Type - The department stores & other general merchandise stores market is segmented into department stores, other general merchandise stores, among these segments, the department stores accounts for the largest share in the global department stores & other general merchandise stores market.
By Geography - The global department stores & other general merchandise stores market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global department stores & other general merchandise stores market.
Trends in the Department Stores & Other General Merchandise Stores Market
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 proposition s and drive incremental sales. For instance, Wal-Mart has three types of interactive displays – welcome signs, category signs, and digital end caps to provide a seamless shopping experience. Potential Opportunities in the Department Stores & Other General Merchandise Stores Market With the expected increase in demand for disposable and non-disposable goods due to rise in population, the scope and potential for the global department stores & other general merchandise stores market is expected to significantly rise in the forecast period.

In-Store Automation To Streamline Retail Shopping
Cashback As A Way Of Increasing The Base Of Loyal Customers
Brick-And-Mortar Stores Are A New Trend In E-Commerce World
Digital Retailing To Accelerate Shopping Experience
Analytics To Anticipate Future Demand Of Customers
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