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Shoe Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Shoe Stores Market Research Report | NAICS 44821 | Jul 2014

Next step: Pressure from imports, department stores and online sales will force stores to stay competitive

IBISWorld’s Shoe Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$32bn
Annual Growth 09-14
3.0%
Annual Growth 14-19
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Profit
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Employment
215,247
Businesses
11,066
Industry Analysis & Industry Trends

Following revenue declines due to weak consumer purchasing power during the recession, the Shoe Stores industry has recorded growth in each year since 2010. The rebound has primarily been fueled by rising consumer sentiment and per capita disposable income. As the economy continues to recover and consumers loosen their discretionary budgets, the industry is anticipated to fare well. While competition will likely continue to intensify, participants in the Shoe Stores industry can effectively compete by offering exclusive shoe styles... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the Shoe Stores industry is medium and is expected to stay this way for some time. The largest barriers to entry for industry participants are startup costs, access to a reliable supply chain and brand recognition. Startup costs are the most significant barrier for most industry participants, with the largest costs being cash outlays for a physical location and products. An attractive physical location, located in a high traffic area is essential for industry participants to compete. Since this is a retail business looks matter, customers look at the appearance of the store and base off first impressions decide whether to shop there or not. As a result, constructing and maintaining a physical can costs a significant amount of money... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Shoe Stores Industry?

Retailing footwear is the primary function of this industry. The sale of footwear usually involves purchasing footwear from wholesalers and selling it directly to customers. Hosiery and sports footwear, such as golf shoes, bowling shoes and cleats (included in IBISWorld industry report 45111, Sporting Goods Stores) are excluded from this industry, as are any sales made via catalogs or the internet.

Industry Products
Men's shoes (not including athletic)Women's shoes (not including athletic)Men's athletic shoesWomen's athletic shoesChildren's shoesSlippers and other shoes
 
Industry Activities
Retailing children's shoesRetailing athletic shoes (except sport-specific shoes like cleats and bowling shoes)Retailing men's casual and formal shoesRetailing women's casual and formal shoes


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