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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 | Apr 2014

Top dollar: Rising competition and consolidation will challenge growth

The Dollar & Variety Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$54bn
Annual Growth 09-14
0.8%
Annual Growth 14-19
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Profit
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Employment
270,449
Businesses
7,571
Industry Analysis & Industry Trends

The Dollar and Variety Stores industry has capitalized on the recession, with more consumers turning to these stores for deep discounts. In the next five years, IBISWorld expects this industry to transition from a growing life cycle phase to a mature phase. While major players are expected to sustain growth and sales, smaller companies and single branch operators are less likely to sustain the revenue they made during the economic downturn. The industry is expected to consolidate and face tougher competition from traditional rivals like Walmart... 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 & variety stores have sought to add more 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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