| SIC Codes: | 5983 5984 5989 5992 5993 5994 5995 5999 7389 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 |
| NAICS Codes: | 454310 443142 441228 443141 445299 445310 446110 446120 446130 446191 446199 447110 447190 448110 448120 448130 448140 448150 448190 448210 448310 454390 448320 451110 451120 451130 451140 451211 451212 452111 452112 452910 452990 453110 453210 453220 453310 453910 453920 453930 453991 453998 454111 454112 454113 454210 441110 441120 441210 441222 441310 441320 442110 442210 442291 442299 444110 444120 444130 444190 444210 444220 445110 445120 445210 445220 445230 445291 445292 |
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 Wal-Mart, Home Depot, Kroger, Costco, and Target (all based in the US), as well as Carrefour (France), Metro (Germany), Tesco (France), Schwarz Unternehmens Treuhand (Germany), and Aldi Einkauf (Germany).
Personal income, consumer confidence, and interest rates drive demand. The profitability of individual companies depends on efficient supply chain management and effective merchandising and marketing. Large companies have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by selling unique merchandise, providing superior customer service, offering a distinctive shopping experience, or serving a local market.
Major components of the retail sector include sellers of motor vehicles (17 percent of overall retail sales), food and beverages (14 percent), drugs and cosmetics (10 percent each), fuel (9 percent), and women's clothes (4 percent).
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