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Discount Department Stores in the US - Industry Market Research Report

Publisher IBISWorld
Published Aug 21, 2024
Length 80 Pages
SKU # IBSS19120642

Description

Discount Department Stores in the US - Industry Market Research Report


Discount Department Stores in the US

Discount department stores have struggled due to declining demand, intense competition and negative impacts of the COVID-19 pandemic. Over the years to 2023, revenue is anticipated to decline at a CAGR of 1.2%, falling to $110.3 billion. This comes despite a revenue decline of 1.9% expected in 2023 amid increasing in consumer spending. Following the initial outbreak was a period of economic struggle for many businesses, and this contributed to the spike in activity when the economy entered its recovery period. During the period, rising competition from existing players that already dominate the industry, as well as newer online platforms, have both worked to accelerated industry revenue declines.

This industry comprises retailers that sell various consumer goods at discounted prices. Unlike department stores that have separate cash registers in each department, discount department stores generally have central customer checkout locations.

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

80 Pages
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

Pricing

Currency Rates
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