Department Stores And Other General Merchandise Stores Market 2020-2030 (Impact of COVID-19) By Players Wal-Mart, Costco, Kroger, Schwarz Unternehmens Treuhand KG, Carrefour

The Business Research Company offers "Department Stores & Other General Merchandise Stores Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global department stores & other general merchandise stores market is expected to decline from $1843.6 billion in 2019 to $1810 billion in 2020 at a compound annual growth rate (CAGR) of -1.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 4% from 2021 and reach $2026.5 billion in 2023.

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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 toultimate 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.

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.

Department Stores & Other General Merchandise Stores Market Segmentation:
By Type
1.Department Stores
2.Other General Merchandise Stores

By Ownership
1.Retail Chain
2.Independent Retailer

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Department Stores & Other General Merchandise Stores Market Characteristics
4. Department Stores & Other General Merchandise Stores Market Product Analysis
5. Department Stores & Other General Merchandise Stores Market Supply Chain
....
20. Key Mergers And Acquisitions In The Department Stores & Other General Merchandise Stores Market
21. Market Background: Retail Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the department stores & other general merchandise stores market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the department stores & other general merchandise stores market are Wal-Mart, Costco, Kroger, Schwarz Unternehmens Treuhand KG, Carrefour

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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