Department Stores in the US

Shopping overseas

This industry is suffering from increasing external competition, especially from big box retailers. However, the growing confidence in shopping on the internet is providing consumers with a further medium through which to purchase products from larger players, and could attract international customers. External competition has forced enterprises to only focus on their core differentiating factors such as higher service levels, selling exclusive brands and creating a better shopping experience.

This industry comprises establishments known as department stores primarily engaged in retailing a wide range of the following new products with no one merchandise line predominating: apparel, furniture, appliances and home furnishings; and selected additional items, such as paint, hardware, toiletries, cosmetics, photographic equipment, jewelry, toys and sporting goods. Merchandise lines are normally arranged in separate departments. 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.