Wear and tear: Industry competition is expected to rise and hinder industry revenue
Abstract
Women’s Clothing Stores in the US The market for the Women’s Clothing Stores industry is changing. Due to declining mall traffic and competition from thriving superstore retailers, industry revenue is expected to fall over the five years to 2019. Despite the industry’s overall decline, rising disposable income and consumer sentiment are expected to boost some specialty and high-end retailers. Industry competition is expected to rise, as more operators enter the industry and internet sales continue to gain an edge in women’s clothing. Many companies that were traditionally store-only businesses have responded to external competition by opening online stores that complement their brick-and-mortar establishments and attracting more customers through social media.
This industry comprises establishments that specialize in women’s wear, including misses’, juniors’, plus-size and maternity clothing. Operators in this industry undertake sales and administrative activities, such as customer service, advertising and cash handling. Some stores also offer basic alteration services on-site.
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.
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