Although the recession accelerated the Office Supply Stores industry's decline, industry operators have long been under pressure from the changing digital landscape and fierce external competition from discount stores, supercenters, warehouse clubs and online retailers. Discount and online retailers are able to offer lower prices, made possible by cost savings achieved through bulk purchasing and low overhead costs. The growing popularity of these retailers has put high price pressure on office supply stores, contributing to a decline in profitability during the past decade. To remain competitive amid changing conditions, the industry has experienced intense consolidation in recent years. Despite the expected growth of consumer confidence, per capita disposable income and corporate profit over the period, the increasingly consolidated industry will experience a decline in revenue growth as it continues to experience strong competition from external retailers.
This industry includes stores that primarily sell stationery, school supplies and office supplies. Stores may also sell a combination of new computers, office equipment, furniture and supplies. This industry does not include general merchandisers or electronic retailers.
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.