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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 | Sep 2015

Bottom dollar: Recovery in disposable income will reduce 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
$67bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
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Profit
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Employment
334,085
Businesses
7,191
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 SWOT Analysis Chapter

The Dollar and Variety Stores industry is in the mature stage of its life cycle, despite the temporary growth that it experienced during the recession. Over the 10 years to 2020, industry value-added (IVA), which measures the industry's contribution to GDP, is estimated to increase at an average annual rate of 1.5%. Dollar and variety stores experienced a moderate amount of growth in the five years to 2015, but this growth is set to taper off in the next five years. In comparison, domestic GDP is anticipated to rise at an annualized rate of 2.2% during the same period. The trends of industry consolidation, a stable buyer market, slow technology changes and significant technology adoption all are characteristic of a mature industry... 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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