Department Stores in Nigeria

Introduction

Datamonitor's retail databooks are based on key market value data for eight major product sectors, 16 core retail distribution channels and 62 countries. This profile focuses on and provides data on channel size. It also offers information on main markets sold through the channel, and includes growth forecasts upto 2013.

Scope

*An overview of total retail value in this country segmented by retail channel

*The value of sales through this key retail channel from 2003 to 2008 and forecasts to 2013

*Channel value segmented by the major markets sold through it

Highlights

Department stores in Nigeria increased at a compounded annual growth rate (CAGR) of 10.8% between 2003 and 2008.

Clothing and footwear market sales accounted for a 67.6% share of the department stores format in 2008.

Reasons to Purchase

*Discover which retail channels have been growing and declining in popularity within this country

*Understand the value of major markets sold through this channel

*Uncover the future direction of the retail channel with reliable historical data and full five year forecasting

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TABLE OF CONTENTS
DATAMONITOR VIEW 1
Catalyst 1
Summary 1
Methodology 1
DEPARTMENT STORES IN NIGERIA 5
Market definitions 5
Retail format definitions 7
Retail format overview 10
Department stores – value 12
Department stores versus other key retail formats 16
Department stores format, segmentation by markets 20
APPENDIX 24
Methodology 24
Related research 25
Datamonitor consulting 25
Disclaimer 25



LIST OF FIGURES
Figure 1: Department stores format versus retail market, Nigeria, growth comparison, %, 2008–13 11
Figure 2: Department stores format, Nigeria, value ($m), 2003–08 12
Figure 3: Department stores format, Nigeria, value ($m), 2008–13 14
Figure 4: Department stores format versus other key retail formats, Nigeria, comparison, 2003–13 16
Figure 5: Department stores format versus other key retail formats, Nigeria, growth (%), 2004–08 18
Figure 6: Department stores format, Nigeria, segmentation by markets (%), 2008 20
Figure 7: Department stores format, Nigeria, segmentation by markets (%), 2013 22



LIST OF TABLES
Table 1: (Part 1) Retail sector definitions 5
Table 2: (Part 2) Retail sector definitions 6
Table 3: (Part 1) Retail format definitions 7
Table 4: (Part 2) Retail format definitions 8
Table 5: (Part 3) Retail format definitions 9
Table 6: Retail market, Nigeria, value by format ($m and NGNm), 2008 10
Table 7: Department stores format versus retail market, Nigeria, growth comparison, %, 2008–13 11
Table 8: Department stores format, Nigeria, value ($m and NGNm), 2003–08 13
Table 9: Department stores format, Nigeria, value ($m and NGNm), 2008–13 15
Table 10: Department stores format versus other key retail formats, Nigeria, comparison, 2003–13 ($m) 17
Table 11: Department stores format versus other key retail formats, Nigeria, growth (%), 2004–08 19
Table 12: Department stores format, Nigeria, segmentation by markets ($m), 2003–08 21
Table 13: Department stores format, Nigeria, segmentation by markets ($m), 2008–13 23



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