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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 | Jul 2014

Shop around: Consumers will turn to discount stores and e-tailers, hampering revenue growth

IBISWorld’s Small Specialty Retail Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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
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Profit
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Employment
219,130
Businesses
126,293
Industry Analysis & Industry Trends

Despite the economy's turnaround, revenue for the Small Specialty Retail Stores industry will continue to experience downward pressure. The largely discretionary nature of the products sold by these stores will continue to push budget-conscious consumers to shop at external outlets, such as discount department stores and online retailers. Also, sales of tobacco, once the industry's key moneymaker, will gradually decline as consumers become more aware of the health risks associated with smoking... purchase to read more

Industry Report - Industry Investment Chapter

The Small Specialty Retail Stores industry has a moderate level of capital intensity. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.13 in capital investment. Capital investment is mainly in fixtures and fittings, cash registers, point-of-sale systems, storage units and other equipment. Additionally, some niche retailers, such as swimming pool supplies stores, provide in-store repairs that require the purchase of specialized equipment. Over the past five years, capital intensity increased slightly; in 2009, for every dollar spent on wages, industry operators spent about $0.12 in capital investment. Capital investment increased partly due to the implementation of computer scanning technology such as radio-frequency identification (RFID) tags... 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 superstores.

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


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