Industry Analysis & Industry Trends
In the five years to 2015, heightened price-based competition from online retailers has limited industry demand despite increased consumer spending. The Department Stores industry will continue contracting over the five years to 2020, albeit a slower rate. Growing competition from online retailers is expected to place further price pressures on industry operators, while even more companies shift to the Warehouse Clubs and Supercenters industry (IBISWorld report 45291). To effectively compete, operators will target niche luxury consumers or expand their outlet store presence... purchase to read more
Industry Report - Industry Key Buyers Chapter
The majority of stores in this industry operate as part of a national chain with numerous locations across the United States. In addition, stores tend to be on the larger side, with almost 90.0% of all stores employing more than 50 employees. Industry concentration measures the extent to which the top four players dominate an industry. According to IBISWorld estimates, the top four largest industry operators are expected to account for about 53.3% of industry revenue in 2015.
Market share concentration in the Department Stores industry has decreased considerably over the past five years because many major players like Walmart and Target are transitioning to the Warehouse Clubs and Supercenters industry (IBISWorld report 45291)... purchase to read more