Retail En Venezuela

Retailing in Venezuela

Euromonitor

February 2005

Retailing Venezuela

Euromonitor Page i

List of Contents and Tables

1. INTRODUCTION AND DEFINITIONS...................................................................................1

1.1 Scope of the Report ........................................................................................................1

1.2 Report Aims and Structure.............................................................................................1

1.3 Glossary of Terms ..........................................................................................................2

Summary 1 Introduction and Definitions................................................................2

1.4 Research Programme.....................................................................................................4

2. SNAPSHOT OF RETAILING....................................................................................................5

3. MARKET BACKGROUND.......................................................................................................6

3.1 Macroeconomic Performance: Indicators .....................................................................6

Table 1 Selected Macroeconomic Indicators 1999-2003 ..................................6

3.2 Macroeconomic Performance – Price Inflation.............................................................7

Table 2 Consumer Price Indices by Classification Group 1999-2003 ..............7

3.3 Macroeconomic Performance – Retail Sales as a %of GDP and Consumer

Expenditure....................................................................................................................7

Table 3 Retail Sales as a % of GDP and Consumer Expenditure 1999-

2003.....................................................................................................8

3.4 Consumer Expenditure...................................................................................................8

Table 4 Total Consumer Expenditure 1999-2003.............................................8

Table 5 Retail Sales as a % of Consumer Expenditure on Goods

1999-2003............................................................................................9

Table 6 Household and Per Capita Consumer Expenditure 1999-2003............9

3.5 Consumer Expenditure by Sector...................................................................................9

Table 7 Consumer Expenditure by Sector 1999-2003 ......................................9

Table 8 Consumer Expenditure Goods by Sector/Subsector 1999-

2003...................................................................................................10

3.6 Retail Finance and Consumer Credit...........................................................................12

Table 9 Financial Cards: Transactions 1998-2003..........................................12

Table 10 Financial Cards: Value 1998-2003 ....................................................12

Table 11 Financial Cards: Number of Cards in Circulation 1998-2003............12

Table 12 Financial Cards: Number of Accounts 1998-2003.............................13

3.7 Shopping Habits and Consumer Lifestyles...................................................................13

4. THE RETAIL INDUSTRY.......................................................................................................14

4.1 Number of Retail Businesses........................................................................................14

Table 13 Number of Retail Businesses and Outlets 1999-2003........................14

4.2 Number of Retail Businesses by Type ..........................................................................14

Table 14 Number of Retail Businesses by Food/Non-food Split 1999-

2003...................................................................................................14

4.3 Number of Retail Outlets by Type ................................................................................15

Table 15 Number of Retail Outlets by Food/Non-food Split 1999-2003..........15

4.4 Retail Sales Area..........................................................................................................15

Table 16 Retail Sales Area 1999-2003 .............................................................16

4.5 Employment in Retailing..............................................................................................16

Table 17 Employment in Retailing 1999-2003.................................................16

Table 18 Employment in Retailing by Full-time/Part-time Split 1999-

2003...................................................................................................17

5. TRENDS IN RETAIL SALES..................................................................................................17

5.1 Total Retail Sales .........................................................................................................17

Table 19 Total Retail Sales 1999-2003.............................................................17

5.2 Retail Sales by Food/Non-food Split ............................................................................18

Table 20 Retail Sales by Food/Non-food Split 1999-2003 ...............................18

5.3 Retail Sales by Type of Outlet ......................................................................................18

Table 21 Retail Sales by Type of Outlet 1999-2003.........................................19

Table 22 Retail Sales by Type of Outlet: % Analysis 1999-2003.....................19

Retailing Venezuela

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6. ASPECTS OF RETAILING.....................................................................................................20

6.1 Government Policy.......................................................................................................20

6.2 Retail Lobbying............................................................................................................22

6.3 Retail Landscape..........................................................................................................23

6.4 Emerging Retail Formats – MERCAL .........................................................................24

6.5 Emerging Retail Formats – Internet Retailing.............................................................24

6.6 Emerging

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