The continued growth in the urban population and increasing frequency of grocery shopping, as well as a rise in single-person households, is changing the role of grocery stores in Spain.
Albany, NY -- (SBWIRE) -- 01/10/2018 -- Market Research Hub has included a new report in its database titled 'Supermarkets – Spain – November 2017'. In this report, the scenario of supermarkets in Spain has been examined in a comprehensive detail. Due to the increasing growth of the urban population in Spain and an increasing occurrence of grocery shopping, coupled with an increase in the single-person households, the role of grocery stores is changing in Spain. The hypermarket format is becoming less popular in the country and the grocery retailer are concentrating on the convenience store formats and are increasingly focusing on fresh pre-prepared foods in order to respond to such changes. In addition, the Spanish consumers are price sensitive and the price of the product is a paramount consideration for the Spanish consumers over other considerations such as quality or varieties of products available. The retail sector in Spain experienced a positive growth in the last few years and this is due to the Spanish economy recovering from the recession. However, the political instability in Spain threatens this recovery in the retail sector, which has again affected negatively the retail sector in Spain.
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Supermarkets in Spain
The footfalls in the shopping centres in Spain is increasing and this is due to a recovery in the economy of the country after the recession. In addition, due to the onslaught of the digital world, the boundaries between the physical and digital are getting more and more blurred, and due to this, the retailers in Spain have made some changes in their business models and their customer retention strategies. All the retailers in the country are now investing in new technologies in order to enhance the shopping experience of the customers and personalizing their experience. Due to the mass proliferation of the smartphones, this has become even more compelling. Due to the advent of the omni-channel platforms of retail, where customers research for a particular product online and then go in a brick and mortar store to buy the same product which they researched online is becoming a trend. Hence, it becomes important for the retailers to make their presence felt in both online and offline platforms and give a sense of continuity to their customers which translates into a seamless experience for the customers.
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The report starts with an overview and also consists of the executive summary which summarizes the findings of this comprehensive report in a nutshell for the readers. The report gives information on the consumer spending and gives data about annual percentage change in the consumer spending, 2012-17 in Spain. The report also gives data about inflation and gives information regarding the consumer prices of food and drink, annual percentage change, January 2016-September 2017 in Spain. In addition, the report also gives information about the channels of distribution and gives data regarding estimated distribution of spending on food, drink and tobacco, 2016 in Spain. Moreover, this comprehensive report also gives information about the sector size and forecast and profiles the leading players in the food retail sector in Spain, giving their key metrics and also information about their market shares. The report gives information about the leading grocers' shares of all food retailers' sales, 2016 in Spain. This report also gives information about the online channel and gives data about the online sales by product category and type of retailer, 2016 in Spain.
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