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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

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
$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 - Starting a New Business Chapter

The industry has a high level of concentration with the top four players accounting for 81.7% of industry revenue. Therefore, prospective operators planning to enter this industry may encounter strong competition from incumbent firms. However, the dominance of players fluctuates depending on the region; as such, the barriers to entry vary, depending on where an operator plans to launch new stores.

Like most retailing industries, the majority of operational costs are devoted to the payment of wages rather than to expenditure on capital equipment such as fixtures and fittings. Despite this, operators planning to enter this industry must consider the capital requirements of establishing a new store or purchasing an existing location... 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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