Industry Analysis & Industry Trends
The Shoe Stores industry, like most retail industries, relies on strong consumer spending to spur demand for industry products. Over the past five years, the economy has begun recovering from recessionary declines with both the Consumer Confidence Index and disposable income increasing. In the coming years, as the economy continues to recover and consumers loosen their discretionary budgets, the industry is anticipated to fare well. However, to combat mounting external competition, operators will look to increase product selection and staff size to improve customer service and provide a pleasant shopping experience... purchase to read more
Industry Report - Industry Products Chapter
Operators in the Shoe Stores industry sell a variety of men's, women's and children's shoes. Based on data from the Economic Census, IBISWorld estimates that women's shoes generate 43.3% of industry revenue in 2015. Men's shoes contribute 37.3%, children's shoes account for 15.0% and other footwear and accessories make up the remaining 4.3% of revenue.
Women's non-athletic shoes
The majority of revenue generated by the sales of women's shoes comes from women's non-athletic footwear. Items in this category include high heeled and flat shoes, sandals, boots, loafers and slip-ons. In 2015, this product segment accounts for an estimated 32.3% of revenue. Over the five years to 2015, this category has increased as a share of revenue... purchase to read more