Just-A-Buckeye: The industry revenue will grow modestly in line with a rising state population

The Dollar and Variety Stores industry in Ohio experienced slow growth over the five years to 2018, as many operators restructured to increase their consumer pools. While the industry has historically relied exclusively on demand from low-income earners, the industry has taken strides to expand this base in recent years by stocking a growing number of higher-value products. As a result, the industry has had both a positive and negative relationship with the period’s strengthening macroeconomic climate; as disposable income expanded, low-income consumers were able to shop at more specialty stores, which hurt industry demand, though mid- to high-income earners, which have been a growing consumer base for the industry, were able to splurge on more industry products...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 13-18
0.5%
Forecast Growth 18-23
Profit
Employment
18,041
Businesses
3,184

Industry Threats & Opportunities

  • Mid- to high-income earners, which have been a growing consumer base for the industry, were able to splurge on more industry products
  • Additional Insights for the Dollar & Variety Stores in Ohio Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Dollar & Variety Stores in Ohio Industry are

  • Ability to control stock on hand
  • Effective product promotion
  • Ensuring pricing policy is appropriate
  • IBISWorld analysts also discuss how external factors such as Population of Ohio and Poverty rate in the Dollar & Variety Stores in Ohio industry impact industry performance..

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    What's in this report

    What is the Dollar & Variety Stores in Ohio Industry?

    This industry retails general merchandise such as apparel, automotive parts, dry goods, hardware, groceries and home furnishings. Typically, industry operators retail these goods at discounted prices. The industry does not include department stores, warehouse clubs or grocery stores.

    Industry Products
  • Groceries
  • Drugs, health aids and beauty cosmetics
  • Soaps, detergents, cleaning supplies and paper related products
  • Men's and women's wear, and other textile products
  • Kitchenware and home furnishings
  • Others
  • Industry Activities
  • Retailing apparel at discount prices
  • Retailing food at discount prices
  • Retailing furniture at discount prices
  • Retailing home goods at discount prices
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Population of Ohio
  • Poverty rate
  • Per capita disposable income in Ohio
  • Unemployment rate in Ohio
  • Time spent on leisure and sports

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Dollar & Variety Stores in Ohio Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Drug, Cosmetic & Toiletry Wholesaling
  • Grocery Wholesaling
  • Men's & Boys' Apparel Wholesaling
  • Soft Drink, Baked Goods & Other Grocery Wholesaling
  • Sporting Goods Wholesaling
  • Toy & Craft Supplies Wholesaling
  • Women's & Children's Apparel Wholesaling

  • Products & Services
  • Kitchenware and home furnishings
  • Soaps, detergents, cleaning supplies and paper related products
  • Others
  • Groceries
  • Drugs, health aids and beauty cosmetics
  • Men's and women's wear, and other textile products
  • Chart: Dollar & Variety Stores in Ohio Industry Products and Services Segmentation

  • Major Markets
  • Households with incomes less than $25,000
  • Households with incomes from $25,000 to $49,999
  • Households with incomes from $50,000 to $74,999
  • Households with incomes more than $100,000
  • Households with incomes from $75,000 to $99,999
  • Chart: Major Market Segmentation for the Dollar & Variety Stores in Ohio Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Dollar & Variety Stores in Ohio

  • Basis of Competition
    Barriers to Entry
    Dollar General Corporation, Dollar Tree Stores Inc., Big Lots Inc., One Dollar Only,
  • Table: Dollar General Corporation - financial performance
  • Table: Dollar Tree Stores Inc. - financial performance
  • Table: Big Lots Inc. - financial performance
  • Table: One Dollar Only - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Dollar & Variety Stores in Ohio Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Dollar & Variety Stores in Ohio Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Poverty rate (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Big-Box Store
  • A retail store that is differentiated by its sheer size and large range of products, including electronics, households goods and other consumer products.
  • Consumables
  • Products intended to be used within a specific time frame. Examples include food, snacks and beverages.
  • Fit-Out
  • The act of refurbishing a store's existing equipment or replacing it with new equipment.
  • Hardline
  • Products made from hard substances (e.g. plastic or metal) and those generally used in do-it-yourself projects (e.g. chemicals or paper products).
  • Point-Of-Sale (Pos)
  • A system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.
  • Same-Store Sales
  • A retail measure used to assess the true performance of retail outlets by taking out the effect of new store openings and only looking at sales growth of existing stores.
  • Softline
  • Products made from soft substances (e.g. cotton), such as apparel or cloth.
  • What Our Customers Say

    Why buy this report?

    The Dollar & Variety Stores in Ohio industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Dollar & Variety Stores in Ohio:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Dollar & Variety Stores in Ohio market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Dollar & Variety Stores in Ohio, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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