Dublin, Sept. 11, 2023 (GLOBE NEWSWIRE) -- The "Discount Department Stores in the US - Industry Market Research Report" report has been added to ResearchAndMarkets.com's offering.
Industry's revenue is projected to experience a compound annual growth rate (CAGR) of -1.2% over the period leading up to 2023, resulting in a total revenue of $110.3 billion
This comprehensive report provides an in-depth analysis of the discount department store industry, encompassing its scope, size, growth prospects, key sensitivities, and success factors. The study offers a five-year outlook on industry forecasts and growth rates, coupled with an insightful evaluation of major industry players and their respective market shares.
The discount department store sector has encountered significant challenges arising from diminishing demand, fierce market competition, and the adverse repercussions of the COVID-19 pandemic.
Even in the midst of challenges, a slight uptick in consumer spending is anticipated to contribute to a 1.9% revenue decline in 2023. The aftermath of the initial pandemic outbreak created economic hardships for numerous businesses, leading to a subsequent surge in business activity as the economy embarked on its recovery phase.
Throughout this period, intensified competition from dominant industry players and emerging online platforms has accelerated the decline in industry revenue. The discount department store industry consists of retailers specializing in offering various consumer goods at discounted prices. Unlike traditional department stores, which maintain separate cash registers for different departments, discount department stores typically feature centralized customer checkout locations.
Key Topics Covered:
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
- The TJX Companies Inc.
- Walmart Inc.
- Ross Stores, Inc.
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
KEY STATISTICS
- Industry Data
- Annual Change
- Key Ratios
JARGON & GLOSSARY
For more information about this report visit https://www.researchandmarkets.com/r/lsy4h9
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
