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Department Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Department Stores Market Research Report | NAICS 45211 | Feb 2014

Back order: Consumer spending will boost revenue, but online competition will curb growth

The Department Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$200bn
Annual Growth 09-14
0.3%
Annual Growth 14-19
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Profit
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Employment
1,204,547
Businesses
72
Industry Analysis & Industry Trends

The Department Stores industry exhibited fluctuating performance trends during the five years to 2014 and while some department stores have flourished, others have struggled. Stores in this industry operate in two distinct segments: up-market department stores and discount variety counterparts. Similar to other retail stores, traditional department stores within the industry have suffered from declining demand and rising competition, which has reduced sales. In the five years to 2019, however, the industry is forecast to experience better results on the strength of the economic recovery, and revenue is forecast to increase, not without looming competition from online retailers... purchase to read more

Industry Report - Industry Analysis Chapter

The Department Stores industry exhibited fluctuating performance trends during the five years to 2014 and while some department stores have flourished, others have struggled. Stores in this industry operate in two distinct segments: up-market department stores and discount variety counterparts. Similar to other retail stores, traditional department stores within the industry have suffered from declining demand and rising competition, which has reduced sales. On the other hand, demand for discount department stores thrived in the midst of the recession because their low prices were attractive to consumers. Overall, industry revenue is expected to grow at an annualized rate of 0.3% over the five years to 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Department Stores Industry?

Department stores retail a broad range of general merchandise, such as apparel, jewelry, cosmetics, home furnishings, general household products, toys, appliances and sporting goods. Discount department stores, which are also included in this industry, retail similar lines of goods at low prices. However, big-box retailers and supercenters that offer fresh groceries in their stores and warehouse clubs that operate under membership programs are not included in this industry.

Industry Products
Women's wearMen's wearFurniture and household appliancesDrugs and cosmeticsFootwearChildren's wearToys and hobbies
 
Industry Activities
Retailing a general line of merchandise


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