Industry Analysis & Industry Trends
The Men's Clothing Stores industry was especially sensitive to the economic recession. Sinking consumer confidence, brought about by skyrocketing unemployment and low per capita disposable income growth, limited downstream demand for apparel. Nevertheless, as the economy recovers, spending and demand will strengthen. In addition, a pattern of merger and acquisition activity has characterized the industry as large companies expand their market reach and product mixes... purchase to read more
Industry Report - Industry Locations Chapter
Because exposure is important in gaining customers, location is a key performance factor for retailers. For this reason, stores are located largely in line with the spread of population in the United States. The Southeast region accounts for 26.1% of industry establishments and about a fourth of total American population. Likewise, the Mid-Atlantic and West regions hold large proportions of locations, 22.0% and 16.9% respectively, and also account for 15.5% and 17.1% of the population.
The Mid-Atlantic region displays characteristics that are slightly unusual; its population density is smaller than its establishment density. This indicates that economic conditions within this region are slightly more forgiving than in other areas of the country... purchase to read more