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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 | Aug 2016

Bottom dollar: Recovery in disposable income will reduce demand for discount products

IBISWorld’s Dollar & Variety Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$71bn
Annual Growth 11-16
3.6%
Annual Growth 16-21
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Profit
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Employment
387,878
Businesses
8,932
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 has thrived over the past five years, leaving behind its traditional rivals in the retail sector. One of the main challenges facing the industry coming into the previous five-year period was whether it will be able to keep the interest of consumers and, thus, sustain growth that it witnessed during and in the aftermath of the recession. During the recession and into the earlier half of the five-year period, the economic pressures faced by both consumers and retailers 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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