Industry Analysis & Industry Trends
Demand for the Warehouse Clubs and Supercenters industry has remained consistent over the past five years. As disposable income dwindled during the recession, consumer confidence plummeted and business sentiment weakened. Many households and businesses turned to industry stores to take advantage of discounted prices. However, after a decade of rapid expansion, the industry has begun to mature. Additionally, the availability of space for new locations has become limited and the introduction of different product lines has been slow. These factors have created a saturated market, which has slightly slowed the industry's expansion. Nonetheless, the industry is forecast to increase its share of the retail sector over the five years to 2020... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Warehouse Clubs and Supercenters industry is in the mature phase of its life cycle. In the 10 years to 2020, industry value added, a measure of the industry’s contribution to the US economy, is forecast to increase at a rate of 2.5% per year on average. Comparatively, GDP is projected to rise at an annualized rate of 2.2% over the same period. IVA that grows roughly in line with the economy as a whole is highly indicative of a mature economy. In addition, the number of industry enterprises is projected to remain steady, further reflecting the industry’s mature state.
Recently, the use of technology has been limited to the implementation of point-of-sale systems and efficiencies in the supply chain, such as radio frequency identification technology... purchase to read more