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Shoe Stores in the US - Industry Market Research Report

  • September 2016
  • 37 pages
  • Ibisworld
Report ID: 198927

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Next step: Operators will look to combat external competition by increasing product selection



Abstract

Shoe Stores in the US

The Shoe Stores industry, like most retail industries, relies on strong consumer spending to spur demand for industry products. Over the past five years, the economy has begun recovering from recessionary declines with both the Consumer Confidence Index and disposable income increasing. As the economy continues to recover and consumers loosen their discretionary budgets, the Shoe Stores industry is anticipated to fare well. The industry will also benefit from a growing portion of the population participating in sports, further increasing demand for shoes.

Retailing footwear is the primary function of this industry. The sale of footwear usually involves purchasing footwear from wholesalers and selling it directly to customers. Hosiery and sports footwear, such as golf shoes, bowling shoes and cleats, are excluded from this industry, as are any sales made via catalogs or the internet.

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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