
Discount Department Stores in Australia - Industry Market Research Report
Description
Discount Department Stores in Australia
Discount department stores have battled for consumer shopping dollars in recent years. Despite having more income to spend on everyday items, consumers have remained uncertain about household finances and the wider economy. Along with cuts to household spending, consumers have turned to value shopping to make their dollar go further. Shifts in consumer shopping habits towards value shopping have driven sales industry-wide. This shift has also lured consumers to shop online in search of bargain prices and discounts. These pressures have led industry revenue to fall by an annualised 1.3% through the end of 2022-23, to $14.8 billion, including a decline of 5.4% in 2022-23 alone.
Retailers in this industry sell various consumer goods at discounted prices. Discount department stores typically purchase products from wholesalers and manufacturers and then sell these products to consumers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Discount department stores have battled for consumer shopping dollars in recent years. Despite having more income to spend on everyday items, consumers have remained uncertain about household finances and the wider economy. Along with cuts to household spending, consumers have turned to value shopping to make their dollar go further. Shifts in consumer shopping habits towards value shopping have driven sales industry-wide. This shift has also lured consumers to shop online in search of bargain prices and discounts. These pressures have led industry revenue to fall by an annualised 1.3% through the end of 2022-23, to $14.8 billion, including a decline of 5.4% in 2022-23 alone.
Retailers in this industry sell various consumer goods at discounted prices. Discount department stores typically purchase products from wholesalers and manufacturers and then sell these products to consumers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
43 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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