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Dollar & Variety Stores in the US: Market Research Report

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

Dollar & Variety Stores Market Research Report | NAICS 45299 | Oct 2014

Bottom dollar: Recovery in disposable income will temper demand for discount products

IBISWorld’s Dollar & Variety Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$62bn
Annual Growth 09-14
3.5%
Annual Growth 14-19
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Profit
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Employment
307,232
Businesses
8,601
Industry Analysis & Industry Trends

The Dollar and Variety Stores industry capitalized on the recession, attracting more middle-class consumers focused on value over quality as disposable incomes fell. In the next five years, however, IBISWorld expects this countercyclical industry to experience slower growth as operators contend with improved economic conditions. While major players are expected to retain some of the added customers acquired during the recession, smaller companies and single-branch operators are less likely to sustain the revenue growth they experienced in recent years. In the next five years, the industry is expected to mature, consolidating under pressure from traditional rivals such as big box stores... purchase to read more

Industry Report - Industry Products Chapter

Groceries

This segment is expected to account for 22.4% of revenue in 2014. Its share of revenue has expanded consistently over the past five years as dollar and variety stores have sought to add products to their inventory. Over this period industry operators started stocking national brands of food items and also introduced many private labels. Consumers also resorted to spending less on food and other consumable items in response to economic uncertainty. Since dollar stores offer smaller quantities of products as compared to super stores and other large establishments, the average shopping basket at a dollar stores costs less, which attracted customers to shop there... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Dollar & Variety Stores Industry?

This industry retails general merchandise such as apparel, automotive parts, dry goods, hardware, groceries and home furnishings. Typically, industry operators retail these goods at discounted prices. The industry does not include department stores, warehouse clubs or grocery stores.

Industry Products
GroceriesDrugs, health aids and beauty cosmetics such as lipsticksCosmetics such as moisturizers, and hygiene products Soaps, detergents, cleaning supplies and paper related productsMen's and women's wear, and other textile productsKitchenware and home furnishingsOthers
 
Industry Activities
Retailing apparel at discount pricesRetailing food at discount pricesRetailing furniture at discount pricesRetailing home goods at discount prices


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