Industry Analysis & Industry Trends
Office supply stores are set for a rebound, albeit a small one. Competition remains high from online retailers, supercenters and warehouse clubs, forcing some operators to leave the industry in the midst of the recovery. However, corporate profit and consumer spending are projected to improve over the next five years, driving modest growth in revenue... purchase to read more
Industry Report - Starting a New Business Chapter
IBISWorld estimates that in 2014, 56.1% of total industry establishments will be nonemploying, including family-owned, individual proprietorships and partnerships. This high share of smaller firms within the industry indicates that capital costs of establishing a retail outlet are not substantial, relative to other retail industries. Furthermore, there are no licensing requirements to enter the industry. Consequently, the Office Supply Stores industry has limited barriers to entry. However, industry competition and market awareness, while not regarded as formal barriers to entry, can pose a threat to new potential entrants.
Currently, the top two players (Office Depot, Staples) are estimated to account for about 67.9% of total revenue... purchase to read more