Industry Analysis & Industry Trends
The Department Stores industry will continue its long-term decline over the five years to 2015. While rising competition from e-commerce has accelerated declines, revenue contraction is primarily attributable to the increasing number of major players that have expanded their product range to include groceries, which transitions their revenue to the Warehouse Clubs and Supercenters industry. In the coming years, growing competition from online retailers is expected to place further price pressures on industry operators... purchase to read more
Industry Report - Industry Products Chapter
While this industry is segmented into two distinct types of operators — up-market department stores and their discount variety counterparts — both types of stores retail a wide assortment of general merchandise. IBISWorld categorizes industry products into five groups: apparel, drugs and cosmetics, furniture and household appliances, toys and hobby goods and other.
Apparel and footwear
The industry predominantly sells men's, women's and children's clothing, shoes and accessories, with an estimated 42.8% of total sales generated from this product group. Women's wear is the most popular product group in the industry, and revenue has remained relatively stable over the past five years because women have remained consistent buyers of clothing and accessories... purchase to read more