Industry Analysis & Industry Trends
The industry's ability to pass down lower prices on a range of merchandise to consumers has been the primary driver of this success. Even when household budgets were strained during the recession, the Warehouse Clubs & Supercenters industry attracted new value-focused customers, leading to a strong financial performance for the industry. Although retail giants such as Walmart and Target will shift focus back to smaller, more conveniently sized stores, improving disposable incomes, consumer sentiment and corporate profit will stabilize revenue... purchase to read more
Industry Report - Industry Products Chapter
The Warehouse Clubs and Supercenters industry provides a range of general merchandise, including: food and beverages; technology and entertainment; home and apparel, health and wellness; and fuel and other goods. Due to the recession and slow recovery period that altered much of the retail landscape, the product market for the industry has undergone some changes as consumers altered their spending patterns and industry operators expanded their offerings.
Food and beverages
Declining disposable income and rising unemployment led to a severe slump in consumer sentiment in 2008 and 2009. Frivolous spending all but stopped, resulting in a reduction of all forms of discretionary spending by households... purchase to read more