SEARCH   
MEMBER LOGIN    

Small Specialty Retail Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Small Specialty Retail Stores Market Research Report | NAICS 45399 | Nov 2014

Shopping around: Consumers will turn to department stores and e-commerce, hampering industry growth

IBISWorld’s Small Specialty Retail Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth 09-14
1.5%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
219,130
Businesses
126,293
Industry Analysis & Industry Trends

Because companies in the Small Specialty Retail Stores industry sell various discretionary consumer goods, they generally experienced declines in revenue as disposable income fell during the recession. Industry revenue has recovered somewhat in the past five years as consumer confidence and other key drivers improved; however, the increasing share of retail sales being conducted online has added to the external competitive pressure already exerted by large department stores. Therefore, the continued economic recovery will provide a temporary lift to industry operators, though steadily increasing competition will continue to drive stores from the industry and employment will remain largely stagnant... purchase to read more

Industry Report - Industry Analysis Chapter

This industry retails specialized lines of goods, with operators offering a wide and distinct range of products, from cigarettes and pool supplies to religious items. Thus, broad changes in consumer confidence and spending patterns, rather than product-specific trends, drive industry performance. Since the recession, consumers have continued to curtail discretionary spending, driving down sales of most industry products. In addition, increasing competition from mass merchandisers, warehouse clubs, discount department stores and online retailers has weighed upon industry sales. However, with the recession firmly in the past, sales have somewhat recovered, and revenue is estimated to increase an annualized 1.5% in the five years to 2014 to $40.8 billion... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Small Specialty Retail Stores Industry?

Industry operators retail specialized lines of goods, such as art supplies, cigarettes and cigars, paper goods, collectors’ items, fireworks, religious merchandise and trophies. This industry also includes general merchandise auction houses (except electronic auctions), but it excludes mass merchandisers, department stores, grocery stores, warehouse clubs and supercenters.

Industry Products
Tobacco products and smokers’ accessoriesArt materials and suppliesCollectible itemsOccupational suppliesReligious goods (except books)
 
Industry Activities
Retailing general merchandise Retailing tobacco and tobacco products (e.g. cigarettes and cigars)Retailing art suppliesRetailing collectors’ items (e.g. autographs, cards, coins and stamps)Retailing fireworksRetailing candlesRetailing religious goods (except books) Retailing trophies Retailing specialized occupational supplies Retailing calendars


View Sample
Quote
Select Clients