Bottom dollar: Recovery in disposable income will reduce demand for discount products

The Dollar & Variety Stores Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.


Industry Threats & Opportunities

  • The recession brought structural changes in this industry and the market segment it seeks to serve
  • The industry has expanded its customer base to include more high-income earners
  • The industry will face tough competition from superstores and mass merchandisers

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    Industry Analysis & Industry Trends

    The Dollar and Variety Stores industry has performed strongly over the past five years. While it was uncertain if the industry would remain in high demand following the economic recession, industry operators have made several changes to their operational strategy in order to sustain growth rates. A substantial platform for change within the industry has been the customer base; while the industry has historically targeted exclusively low-income earners, this consumer pool has expanded in recent years to include middle-class shoppers and even some high-income earners. Over the next five years, IBISWorld expects the industry to fully transition into a mature industry...

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    Industry Report - Industry SWOT Analysis Chapter

    The Dollar and Variety Stores industry is in the mature stage of its life cycle. Over the 10 years to 2021, industry value-added (IVA), which measures the industry's contribution to GDP, is estimated to increase at an annualized rate of 1.3%. In comparison, domestic GDP is anticipated to rise at an annualized rate of 2.1% during the same period. Generally, IVA growth that is roughly in line with, or slightly slower than, GDP growth is indicative of an industry in its mature life cycle stage. Further cementing the Dollar and Variety Stores industry in its maturity are trends in industry consolidation and slow technological development.


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    Additional Insights for the Dollar & Variety Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Dollar & Variety Stores 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 Per capita disposable income and Poverty rate in the Dollar & Variety Stores industry impact industry performance..

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    Industry Products

    What is the Dollar & Variety Stores 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
    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
    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

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Poverty rate
  • External competition for the Dollar Stores industry
  • National unemployment rate
  • Population
  • Time spent on leisure and sports

  • Current Performance
  • Old and new consumers
  • Competition and consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Tough external competition
  • Adapting to new conditions
  • Table: Dollar & Variety Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Dollar & Variety Stores Industry Lifecycle vs The Economy

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

  • Demand Determinants
    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 Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilitiesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Dollar & Variety Stores

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Dollar & Variety Stores Industry

  • Industry Globalization
    Major Companies
    Dollar General Corporation Dollar Tree Stores Inc.Big Lots Inc.
  • Table: Dollar General Corporation - financial performance
  • Table: Dollar Tree Stores Inc. - financial performance
  • Table: Big Lots Inc. - financial performance

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

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Dollar & Variety Stores Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Poverty rate (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    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.
  • Why buy this report?

    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:
    • 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 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, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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