Ken Research announced recent publication on “Global Department Stores Retailing 2015-2020,” which offers insights
on Global department stores retail landscape including current market sizes,
the Global fastest growing markets and category groups. Furthermore, in-depth analysis of
the market size and category forecasts for the specific regions and countries,
and also features major retailers, key innovative retailers, and department
store retail trends. The publication covers the 50 largest retail markets
including 24 countries in Europe, 12 countries in Asia-Pacific, nine countries
in the Americas, and five countries in the Middle East and Africa, Furthermore,
it offers shrewd analysis of the latest trends, market dynamics covering 9
category groups and key innovations in retail space in major countries across
the four regions. Individual concentrating on the competitive landscape with
analysis of key players across the four regions, including market share of the
retailers for the region or on the latest trends can drive all such information
from this publication.
Brick
and mortar over Online Retailing
The online retailing has
witnessed boom in the industry and along with it, it has brought challenges.
For one, both brick and mortar pioneers immaculate play online behemoths are
discovering that the fate of the business is not only on the web, yet rather in
creative omni channel offerings that connect on the web and physical shopping.
Subsequently, the dividers amongst brick and mortar and web based business are
as of now descending. Physical stalwarts, for example, Walmart and Nordstrom
keep on expanding their online offerings, while online pioneers from U.S.-
based Amazon to Singapore's Zalora are venturing into physical markets. Those
retailers that can figure out how to combine on the web and offline setups most
flawlessly could end up being the enormous victors.
Macro
environment
The largest market for department
store retailing is North America, followed by Europe whereas Asia Pacific is
anticipated to be fastest growing market for department store retailing.
Rising disposable income, expanding
promotional activities, elevating consumer confidence and ever-increasing
populace in the developing regions are few of the major driving force for
department store retailing market. With the low effect of economic recession,
employment rate and disposable income levels are enhancing, which allows the
consumer to spend more on products such as apparels, cosmetics and toiletries.
Thus rise in the confidence level of consumer which allows them to spend money
effortlessly.
Major
Companies
The key companies operating in
the department store retailing market incorporate
·
David
Jones,
·
Myer,
·
Nordstrom,
·
JCPenny,
·
KOHL’S,
·
Dillard’s,
·
Hudson’s
Bay Company,
·
Falabella,
·
Liverpool.
Recent
Trends
Rise in purchasing power of the
middle-class populace, young working professionals, and the expansion of
department stores in emerging markets. Off-price department store sales are
elevating majorly in North America, and the format is anticipated to gain
popularity in Europe in the near future. In an effort to offer a
seamless shopping experience to the customers, department store retailers are
developing novel innovative concepts such as virtual reality, augmented
reality, and certain others.
Topics
covered in the Report
·
Global department stores
retailing
·
Global online retailing
·
North America department Stores
retailing
·
Europe department Stores retail
Industry
·
Asia pacific retail industry
·
Asia-pacific department stores
research report
·
Global retail industry research
·
Departmental Stores retailing
Global
·
India departmental stores
Market
·
Global POS terminal sales
·
Retail Industry Digital
technology
·
In-store retail market Research
For more coverage click on the link below:
Related
links
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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