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 - Industry Key Buyers Chapter
The four largest players in the Shoe Stores industry are Foot Locker, Designer Shoe Warehouse, Payless ShoeSource and Brown Shoe Company. Together, they account for 38.3% of industry revenue. Concentration in the industry has increased slightly over the past five years, with competitively priced retailers gaining larger portions of the market during the economic recession. As the US economy recovers, market share concentration is expected to drop slightly as competition from local retailers intensifies.
Major players in this industry have numerous retail outlets throughout the United States, while smaller players are generally independently owned and cater to a specific geographic market... purchase to read more