Retail Sector Report Summary

SIC Codes: 5211 5231 5251 5261 5271 5311 5331 5399 5411 5421 5431 5441 5451 5461 5499 5511 5521 5531 5541 5551 5561 5571 5599 5611 5621 5632 5641 5651 5661 5712 5713 5714 5722 5731 5734 5735 5736 5912 5921 5932 5941 5942 5943 5944 5945 5946 5947 5948 5961 5962 5983 5984 5989 5992 5993 5994 5995 5999 7389
NAICS Codes: 441110 441120 441210 441222 441228 441310 441320 442110 442210 442291 442299 443141 443142 444110 444120 444130 444190 444210 444220 445110 445120 445210 445220 445230 445291 445292 445299 445310 446110 446120 446130 446191 446199 447110 447190 448110 448120 448130 448140 448150 448190 448210 448310 448320 451110 451120 451130 451140 451211 451212 453110 453210 453220 453310 453910 453920 453930 453991 453998 454210 454310 454390

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

Retail Sector Industry Overview

Excerpt from Retail Sector Report

Companies in this sector sell a wide range of products to consumers and businesses, from food and apparel to hardware, household goods, and office supplies. Major companies include Costco, Kroger, and Walmart (all based in the US), as well as Aldi (Germany), Carrefour (France), Schwarz (Germany) and Tesco (UK).

Competitive Landscape

The internet and increasing consumer connectivity are transforming the retail sector, with physical stores losing market share to online operators. Even segments once assumed to be relatively safe from online competition, such as grocery and auto parts retail, are facing increasing competition from e-tailers (especially Amazon) and reimagining their businesses in response. In 2017, total US e-commerce sales were estimated at $453.5 billion (8.9% of total retail sales), an increase of 16% from 2016. E-commerce is expected to grow to 17% of US retail sales by 2022, according to Forrester.

Products, Operations & Technology

Major components of the retail sector include sellers of motor vehicles (15% of overall retail sales), food and beverages (15%), drugs and cosmetics (11%), automotive fuels (11%), and women's apparel (4%).

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