Industry Analysis & Industry Trends
The Athletic Shoe Stores industry has grown strongly amid economic recovery, with consumers willing to increase their discretionary purchases and invest in expensive athletic footwear. In addition, obesity concerns have prompted Americans to be more health-conscious and to exercise more, driving up demand for athletic shoes. Moving forward, the industry is forecast to continue its consistent growth over the next five years. While consumer spending is expected to accelerate, heightened competition from online retailers will moderate growth. Nevertheless, the industry will continue to grow amid economic recovery, with sports participation expected to rise, benefiting the industry.... purchase to read more
Industry Report - Industry Locations Chapter
The spread of athletic shoe stores closely follows that of the active US population. Operators serve their local markets and open up shop close to their customers. The Southeast has the highest concentration of residents at 25.4% of the population and 27.6% of athletic shoe stores. Florida is the state in the region in terms of establishments, accounting for 7.5% of total athletic shoe stores and 6.1% of the population. The disparity indicates that consumers in Florida are more active due to the favorable weather conditions in the region.
The Mid-Atlantic region holds 18.3% of athletic shoe stores and 15.5% of the population. Within this region, New York holds the highest portion of industry establishments at 7.9%. The state also accounts for 6.2% of the population... purchase to read more