Industry Analysis & Industry Trends
The Fabric, Craft and Sewing Supplies Stores industry is slowly rebounding from recessionary lows. Since most industry items are considered to be discretionary, improvement in consumer confidence and an anticipated increase in disposable income have helped industry revenue grow. In the coming years, a rise in discretionary spending will encourage consumers to increase spending on industry products... purchase to read more
Industry Report - Industry Investment Chapter
The Fabric, Craft and Sewing Supplies Stores industry requires low level of investment due to the combined need for both human labor and computerized systems. For every dollar spent on wages, about $0.06 is expected to be allocated to capital assets.
The capital expenditure in this industry includes fixtures and fittings, cash registers and point-of-sale (POS) systems. Over the past 10 to 15 years, the industry has undergone a considerable change with the implementation of computer scanning technology. Its implementation is estimated to have simplified labor tasks and it also minimized the level of human error in processing purchases. POS systems have enabled operators to computerize their inventory resulting in better stock control and cost efficiencies... purchase to read more