SEARCH   
MEMBER LOGIN    

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 | Sep 2014

Back order: Intense price-based competition will lead to industry declines, despite an improving economy

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
$166bn
Annual Growth 09-14
-4.1%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
988,587
Businesses
72
Industry Analysis & Industry Trends

In the five years to 2014, 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 2019, 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 - Starting a New Business Chapter

A number of key factors may encourage or indirectly act as a prohibitive measure for new entrants in the Department Stores industry. The economies of scale illustrate the level of market dominance held by key players in the industry. This industry includes company giants like Walmart and Target that can negotiate favorable supply contracts with buyers. Like most in the retailing industry, department stores are subject to a low level of capital intensity as the majority of operational costs are devoted to the payment of wages as opposed to equipment such as fixtures and fittings. Despite this, department stores are typically located high traffic areas where rent costs are high... 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 apparel and accessoriesRetailing appliances and home furnishingsRetailing toys and sporting goodsRetailing other general merchandise


View Sample
Quote
Select Clients