1. Market Research
  2. > Retail Market Trends
  3. > Department Store

Departemental retail industry reports: find your way through the studies available

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
8 votes

Topics under Department Store

Global Department Store Industry

As one of the most traditional part of the global retail industry, the world department store sector is expected to witness an increased annual growth rate, exceeding 2% between 2010 and 2015 to reach almost $395 billion, reports MarketLine. Clothing and footwear represent the leading segment in the world department store market. In 2010, sales of clothing and footwear generated revenue of close to $200 billion for almost 56% of overall market value.

Department stores are involved in the retail sale of a wide range of merchandise, including general household products, cosmetics, jewelry, sporting goods, apparel, home furnishings, appliances and toys. The industry encompasses discount department stores, which are involves in the retail sale of similar goods but at lower prices.

The global department store market is characterized by concentration, according to Canadean. Leading players operating in the department store sector include US store chains such as TJX, Macy’s and Sears Holdings. These names dominate the world market, which continues to suffer from rivalry from online retailers, discounters and hypermarkets.

To remain competitive, leading players have had to adapt through international expansion, diversifying their distribution channels by offering consumers online shopping, and changing retail formats. Department store operators can target specific demographic groups such as tourists, strategizing to boost tourists’ in-store spending.

Regional Market Share

Following a period of declining demand due to the economic recession, the global department store market has begun recovering in recent years. Verdict predicts this recovery will continue in the coming years in tandem with economic recovery, rising employment rates, and consumer confidence. The main growth driver will be demand from emerging markets such as China. Other regions such as the EU and the US will witness a degree of stagnation and other regions such as Japan will record a decline due to oversaturation.

Between 2011 and 2015, there is expected to be some degree of growth in all regions apart from Japan, which will remain in decline, though domestic department store operators are likely to invest in new retail formats in a bid to slow decline. Japan’s department store market is mature and its present state of decline has also seen natural disasters thwart potential recovery, especially with their direct impact on tourism and domestic spending. This reduced level of spending is predicted to continue over the four-year period ending 2015, at which point Japan is likely to represent only 12% of the global market.

The EU market for department stores is expected to record close to 1.5% yearly growth between 2011 and 2015. North America is expected to come closer to yearly growth of 2% over the four-year period. The reason for this slower growth is mainly due to recovery from the economic recession. While consumer confidence is improving, it has not yet reached pre-recession levels, making consumers shy of paying full price for goods. Retailers have been forced to adapt by opening discount outlets to offer lower prices to consumers unwilling to purchase full price good, and also in an effort to shift old stock and bring in new customers. In the EU department store sector, Marks and Spencer is currently in the lead in terms of performance, according to research from Canadean. This strong performance was not across the board, though Marks and Spencer did well in terms of scale, growth and operational efficiency. It did less well in other areas such as financial performance, where it registered around the channel average. Easter Europe represents a region with good growth potential for department stores, unlike Western Europe where the department store market is stagnating.

Read more ยป

Share
24/7 Customer Support

Talk to Sam

+44 20 8816 8032

1-10 of 37 reports

Department Store Price Trends in the US

  • January 2015
    5 pages
  • Department Stor  

  • United States  

    Europe  

View report >

Department Store Industry in Germany Forecast

  • January 2015
    50 pages
  • Department Stor  

    Retail  

  • Germany  

    Europe  

View report >

Department Store Statistics in China

  • November 2013
    44 pages
  • Department Stor  

  • China  

    Asia  

View report >

Department Store Markets in the US

  • November 2015
    3 pages
  • Department Stor  

  • United States  

    World  

    Australia  

View report >

Retail Market Analysis in Japan

  • September 2015
    8 pages
  • Retail  

    Department Stor  

  • Japan  

View report >

Department Store Markets in Japan

  • January 2015
    2 pages
  • Department Stor  

  • Japan  

View report >

Department Store Markets

  • January 2015
    5 pages
  • Department Stor  

  • Japan  

    Singapore  

    Malaysia  

View report >

Global Jewelry Market Analysis

  • July 2014
    8 pages
  • Jewelry  

    Department Stor  

  • China  

    World  

    United States  

View report >

Global Retail Statistics

  • March 2014
    6 pages
  • Retail  

    Office Real Est  

    High End Retail  

  • World  

    China  

View report >

Department Store Industry in Greece and Europe

  • January 2014
    2 pages
  • Department Stor  

    Department Stor  

  • Greece  

    Europe  

    Macedonia  

View report >

Search in Department Store Industry (37 reports)
Parent industry: Retail
Related industries: Discount Store, Catalog and Mail Order, Specialty Store, Food Retailing, Wholesaling, Supermarket and Hypermarket, E-Commerce

About 200 reports

Purchase Reports From Reputable Market Research Publishers
(From € 60 - € 2 438)

Department Store (Incl Leased Depts) Lines World Report

Department Store (Incl Leased Depts) Lines World Report

  • € 2 438
  • Industry report
  • February 2016
  • by PureData

DEPARTMENT STORE (INCL LEASED DEPTS) LINES WORLD REPORT The Department Store (Incl Leased Depts) Lines World Report gives Market Consumption / Products / Services for over 200 countries by 6 to 10-Digit ...

Department Stores World Report

February 2016 € 2 438

Department Store Lines World Report

February 2016 € 2 438

Discount Department Store (incl Leased Depts) Lines Wor ...

February 2016 € 2 438

Department Store Lines Asia Report

February 2016 € 1 563

Department Stores Canada And Usa Report

February 2016 € 1 563

Department Stores Asia Report

February 2016 € 1 563

Discount Department Store (incl Leased Depts) Lines Asi ...

February 2016 € 1 563

Department Store (incl Leased Depts) Lines Asia Report

February 2016 € 1 563

Department Store Lines Europe Report

February 2016 € 1 563

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.