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Viewing report
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Retailing in the Czech Republic 2008
Verdict Research Limited, June 2008, Pages: 64
For the Czech Republic the first phase of retail development coupled with a push gained from the accession to the EU has now been completed. After the initial phase of supermarket development, hypermarkets and discounters expanded rapidly around the turn of the century and the Republic is now quite saturated with hypermarkets. Shopping centre development has also been buoyant.
This brief provides accurate insights into key trends, future developments and discusses the strategies of the main operators in the market. Proprietary data on market value and growth. 2002-2007 data for six different retail sectors and overall value data for the Czech Republic. Detailed sector analysis for grocery, DIY, electricals, furniture, and clothing is provided. Market shares for leading retailers in grocery, evaluation of non food players and insightful analysis into their operating strategies.
Highlights:
The development of retailing has benefited immensely from its close proximity to both Germany and Austria, with many retailers from these two countries using the Republic as a springboard for further eastward expansion. Bauhaus, Globus, Hornbach, Metro, Rewe, Rossmann, Schlecker and the Schwarz Group are all active in the country.
These players gained invaluable experience in setting up shop in the Republic while being able to rely on their logistical operations in their home countries. As a result retailing in the Republic is more advanced than in countries further to the east. The development has been characterised by polarisation with Prague standing out.
Retailers are competing heavily at the value end of the market. The withdrawal of the likes of Delhaize, Julius Meinl and Carrefour can be attributed to these players positioning themselves in the wrong price brackets.
Reasons to Purchase:
Understand strategic issues in the market, retailers' responses and our recommendations on how retailers must cope with the changing market. Learn about major foreign and domestic players in the Czech retail market. Discover how the market and retailers' future initiatives will develop. Find growth opportunities in specific sectors and identify the key threats.
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