Drugstores, pharmacies and speciality food stores have become European grocers’ fastest growing channels while their non-food formats are struggling. But what are the drivers of this trend and will more grocers turn to new channels?
As the German health & beauty market becomes increasingly saturated, German specialists are searching for growth opportunities beyond their borders. Turnover is shifting slowly but steadily from the home base to international markets.
It’s a common prediction that hypermarkets are set to grow more slowly than small stores. But LZ Retailytics went beyond classic channel breakdowns to see exactly which store sizes will outperform in the next five years.
There is a new rising star on Europe’s retail horizon. Russian X5 Retail Group, pushing its proximity discount banner Pyaterochka beyond the Urals, will claim its place among the long-standing top 10 grocers by 2022.
LZ Retailytics’ team of senior analysts is bringing our analysis platform to life but their knowledge and experience extend well beyond that. They specialise in new store formats, e-commerce, private label, hard discount and more. From time to time they share their viewpoint about current topics and trends, backed by robust data from LZ Retailytics.