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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 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 2019, industry value added, which measures the industry's contribution to GDP, is estimated to decrease at an average annual rate of 0.2%. Dollar and variety stores experienced a small amount growth in the five years to 2014, 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 2.7% during the same period. The trends of industry consolidation, a stable buyer market and slowing technology changes but significant technology adoption all depict the characteristics 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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