Industry Analysis & Industry Trends
Footwear wholesalers dealt with a difficult operating environment during the recession. Retail spending in general, and footwear purchases specifically, plummeted during the recessionary period as consumers' purchasing power waned and unemployment soared. However, the Footwear Wholesaling industry has fully recovered from the recession. In the coming years, little change is expected in this industry unless certain changes take hold over the next five years... purchase to read more
Industry Report - Industry Investment Chapter
Historically, the Footwear Wholesaling industry has been labor intensive. Much of this labor has been used for administrative tasks such as selling or managing stock, and for physical tasks like moving stock. These roles do not add much value to the products, and as a result, advances in computer technology have been able to automate an increasing number of these tasks. IBISWorld estimates that the industry uses $0.09 for capital investments for every dollar spent on labor in 2015.
Technology is used for stock control, inventory management and supply chain management... purchase to read more