Industry Analysis & Industry Trends
Although the recession accelerated the industry's decline, traditional office supply stores have long been under pressure from the changing digital landscape and fierce external competition. Moreover, industry operators have faced strong pressure from discount stores, supercenters, warehouse clubs and online retailers. In the next five years, the increasingly consolidated industry will experience a decline in revenue growth as it continues to face strong competition from these external retailers... purchase to read more
Industry Report - Starting a New Business Chapter
IBISWorld estimates that in 2015, 56.7% of total industry operators 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 76.9% of total revenue... purchase to read more