Industry Analysis & Industry Trends
Coming off the recession, consumers have higher levels of disposable income to spend on shopping. But with unemployment decreasing, they have less time to actually go out and shop. Therefore, personal shoppers are in high demand, with revenue growing fairly quickly in the five years to 2014. This trend will slow in the five years to 2019, as the industry becomes increasingly fragmented.... purchase to read more
Industry Report - Industry Locations Chapter
Personal shoppers are generally located near clients to provide in-person services. As a result, business locations correlate closely with population levels across all regions. Operators are disproportionally located in high-income areas since consumers with high disposable incomes are more likely to purchase personal shopping services. High-visibility professionals in the entertainment industry and time-strapped major executives that rely on personal shoppers are predominantly located in top US cities. A high number of industry establishments are consequently located in major urban areas.
Industry services vary by geographic location... purchase to read more