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Hoover's Directories > Industry Overviews > Department Stores

Department Stores

  • Overview
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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
TARGET AUSTRALIA PTY. LTD.44,379.46MGeelong North, Vic
Sears Holdings Corporation41,567.00MHoffman Estates, IL
Target Canada Co37,318.56MMississauga, ON
Arcandor AG27,961.89MEssen, Germany
Macy's, Inc.26,405.00MCincinnati, OH
Bullet - Yellow Arrow Box There are 177,255 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 3.6 percent in March 2012 compared to the same month in 2011.
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Quarterly Industry Update

Sears Slimming Down - Illustrating challenges facing the industry, department store chain Sears is reportedly seeking to sell its Lands End clothing division to generate cash. Sears bought the...
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