Certain factors are, however, helping to support sales in small local grocers. Specifically, here we note the rebound of tourism after the era of the pandemic, along with consumers returning to offices and workplaces.
Small local grocers in Hungary also face constraints in terms of limited opening hours, which can impact their ability to cater to diverse customer schedules. Ultimately, due to their resource limitations, many smaller establishments may need to adhere to traditional business hours, offering less flexibility for consumers with non-standard working hours.
Bearing the various challenges in mind, niche market strategies are becoming increasingly key to success for small local grocers. For example, offering unique or locally sourced products can differentiate small local grocers from larger competitors.
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Small local grocers are mostly independent retail outlets (with a selling space of under 400 square metres), kiosks, market stalls or street vendors, owned by families and/or run on an individual basis, and with a primary focus on selling food/beverages/tobacco and other groceries. Small local grocers also includes ethnic grocery stores that specialize in foreign brands and food types, health food stores, confectioners/newsagents/tobacconists (CTNs), food & drink souvenir stores, legally registered mobile shops that are run out of a truck, and regional specialty stores. Retail sales from farmers markets, farms, vineyards, or similar producers are also included in small local grocers. Outlets located within wet markets in Southeast Asia (often located in government-owned multi-story buildings) should be counted as separate outlets.
See All of Our DefinitionsThis report originates from Passport, our Small Local Grocers research and analysis database.
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