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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 Analysis Chapter

This industry thrived in the earlier part of the five years to 2014, boasting revenue growth rates of over 5.0%, which were considerably higher than those reported by competitors. However, growth has slowed from 2013 onward, which is attributable to a dynamic interplay between the industry's key drivers and the enduring legacies of the recessionary years. During the five years to 2014, the economic pressures faced by consumers and retailers alike fundamentally changed the nature of this industry. Pricing and channel management strategies, the changing landscape of stores, the variety of products offered and the market segment targeted are all enduring legacies of recession-driven growth that will continue to shape this industry for years to come... 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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