Abstract
Overview
Introduction
Verdict Research: 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.
Scope
- 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.
Report 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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