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 Key Buyers Chapter
The Fabric, Craft and Sewing Supplies Stores industry is considered to have a very high level of concentration, with the four largest companies in the industry accounting for 99.3% of industry revenue in 2015. However, the remaining revenue is expected to be generated by small independent operators that serve their local communities and regional demand. To this end, about 82.0% of total industry operators are estimated to be of businesses without paid employees (nonemployers) in 2015.
Industry concentration has increased over the five years to 2015, from 91.6% in 2010 as large national retailers drove out small, independent operators. Large retailers can offer a greater selection of goods at lower prices compared with smaller stores... purchase to read more