Industry Analysis & Industry Trends
Growth in the industry will slow to a crawl and then decline over the next five years, as the rising use of the internet threatens businesses. While consumer sentiment and disposable income will take a positive turn, individuals will turn to brick-and-mortar retail stores and internet stores for the majority of their purchases. However, the growing rate of women in the workplace who have less time to shop will help offset some significant declines... purchase to read more
Industry Report - Industry Analysis Chapter
The $95.8-billion Mail Order industry has had a lackluster performance over the past five years, largely due to the economic recession's toll on the retail sector and rising competition. However, improvements in general economic conditions from late 2009 through this year have helped to stabilize purchases of items sold by this industry. Consequently, IBISWorld estimates that revenue will increase a 0.4% in 2013. The ability to comparison shop – particularly on price - and easily purchase items online are strong motivators driving consumers from catalog ordering to online shopping. Despite these challenges, enough Americans enjoy leisure catalog shopping to buoy industry revenue. Revenue declined at a slight 0.1% annualized rate in the five years to 2013... purchase to read more