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Hoover's Directories > Industry Overviews > Department Stores

Department Stores

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Industry Description

The US department store industry includes about 20 companies that operate about 3,500 stores with a combined annual revenue of about $60 billion. Major companies include Sears, JCPenney, Macy's (which owns Bloomingdale's), and Dillard's. The industry is highly concentrated: the top eight companies generate about 95 percent of industry revenue.

SIC: 5311
NAICS: 452111
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Top 5 Companies

CompanySalesLocation
KMART AUSTRALIA LIMITED58,140.06MChadstone, Vic
TARGET AUSTRALIA PTY. LTD.44,379.46MGeelong North, Vic
Sears Holdings Corporation43,326.00MHoffman Estates, IL
Sears, Roebuck and Co.35,257.70MHoffman Estates, IL
Arcandor AG27,961.89MEssen, Germany
Bullet - Yellow Arrow Box There are 215,610 companies in this industry. To view all of them, register now.

Industry Indicator

US consumer spending on nondurable goods, an indicator of department store sales, rose 6.1 percent in November 2011 compared to the same month in 2010.
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Quarterly Industry Update

Mall Occupancy Improves - Occupancy at US malls and shopping centers improved in fourth quarter 2011, as the average vacancy rate for malls in the top 80 US markets...
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