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 - Industry SWOT Analysis Chapter
The Office Supply Stores industry is in the declining stage of its life cycle. Over the 10 years to 2019, industry value added (IVA), which measures the industry's contribution to the US economy, is expected to decline at an average annual rate of 1.5%. This growth rate indicates that the industry will grow at a slower rate than GDP, which is projected to increase at an annualized rate of 2.5% over the same period. The trend of declining enterprises and a stable product market also reflect the characteristics of a declining industry.
In the five years to 2014, the number of industry operators is expected to decrease at an average annual rate of 2.7% to 9,077 firms... purchase to read more