In 2023, the modern retail segment's revenues in Czechia increased by 7 percent, while the European average rose by 9.2 percent. The highest increase was observed in discounters, with a growth of almost 11 percent.
Year-on-year growth in the modern retail segment of the food and grocery market in Czechia in 2023, by store format
*Modern retail - Consists of hypermarkets, supermarkets, online stores and discounters **Europanel revenue data only measures value of purchases that are taken home (excludes value of purchases that are consumed on the go, at work, etc.). ***Hypermarket - Large retail outlets under common ownership with sales area > 2,500m². Supermarket - Smaller retail outlets under common ownership, excluding discounters. Sales area between 450m² to 2,500m². Discounter - Limited-range discount retailers such as Aldi, Lidl, Biedronka, Norma, Netto Marken-Discount, Eurospin, Penny, Dia, and Leader Price.
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McKinsey & Company. (April 19, 2024). Year-on-year growth in the modern retail segment of the food and grocery market in Czechia in 2023, by store format [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1301865/czechia-modern-retail-segment-growth-by-store-format/
McKinsey & Company. "Year-on-year growth in the modern retail segment of the food and grocery market in Czechia in 2023, by store format." Chart. April 19, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1301865/czechia-modern-retail-segment-growth-by-store-format/
McKinsey & Company. (2024). Year-on-year growth in the modern retail segment of the food and grocery market in Czechia in 2023, by store format. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1301865/czechia-modern-retail-segment-growth-by-store-format/
McKinsey & Company. "Year-on-year Growth in The Modern Retail Segment of The Food and Grocery Market in Czechia in 2023, by Store Format." Statista, Statista Inc., 19 Apr 2024, https://www.statista.com/statistics/1301865/czechia-modern-retail-segment-growth-by-store-format/
McKinsey & Company, Year-on-year growth in the modern retail segment of the food and grocery market in Czechia in 2023, by store format Statista, https://www.statista.com/statistics/1301865/czechia-modern-retail-segment-growth-by-store-format/ (last visited October 30, 2024)
Year-on-year growth in the modern retail segment of the food and grocery market in Czechia in 2023, by store format [Graph], McKinsey & Company, April 19, 2024. [Online]. Available: https://www.statista.com/statistics/1301865/czechia-modern-retail-segment-growth-by-store-format/
