Dollar & Variety Stores in Canada - Industry Market Research Report
Description
Dollar & Variety Stores in Canada
Dollar and variety stores sell general merchandise at discounted prices. The industry is countercyclical because consumers often gravitate to lower prices in times of economic downturn. To sustain revenue growth during periods of improved economic conditions, industry operators have adjusted their operational strategy. By stocking shelves with more quality products, improving customer service and creating an inviting atmosphere, industry operators have been able to attract and retain more middle-income consumers, expanding the overall consumer base. Industry revenue growth has also been supported by an increase in per capita disposable income and higher inflation. Revenue is estimated to have risen at a CAGR of 2.0% to $6.4 billion over the five years to 2023, with growth of 1.6% forecast for the current year.
This industry retails general merchandise, such as apparel, cleaning and party supplies, dry goods, hardware, groceries and home furnishings. Typically, industry operators retail these goods at discounted prices, often for $1.00 or $0.99. The industry does not include department stores, warehouse clubs and grocery stores.
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.
Dollar and variety stores sell general merchandise at discounted prices. The industry is countercyclical because consumers often gravitate to lower prices in times of economic downturn. To sustain revenue growth during periods of improved economic conditions, industry operators have adjusted their operational strategy. By stocking shelves with more quality products, improving customer service and creating an inviting atmosphere, industry operators have been able to attract and retain more middle-income consumers, expanding the overall consumer base. Industry revenue growth has also been supported by an increase in per capita disposable income and higher inflation. Revenue is estimated to have risen at a CAGR of 2.0% to $6.4 billion over the five years to 2023, with growth of 1.6% forecast for the current year.
This industry retails general merchandise, such as apparel, cleaning and party supplies, dry goods, hardware, groceries and home furnishings. Typically, industry operators retail these goods at discounted prices, often for $1.00 or $0.99. The industry does not include department stores, warehouse clubs and grocery stores.
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
37 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
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
