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Hoover's Directories > Industry Overviews > Discount & Variety Retail

Discount & Variety Retail

Industry Description

The US discount department store industry includes about 5,000 stores with combined annual revenue of $130 billion. Major companies include Kmart, Kohl's, Target, and Wal-Mart. The industry is highly concentrated: the eight largest companies have nearly 100 percent of the market.
SIC: 5331, 5399 | NAICS: 452112, 452910, 452990
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Top 5 Companies

CompanySalesLocation
Wal-Mart Stores, Inc.408,214.00MBentonville, AR
Target Corporation65,357.00MMinneapolis, MN
WAL-MART STORES (U K) LTD26,931.65MLeeds, West Yorkshire
GBPL PTY LTD26,199.55MPerth, Western Australia
CARREFOUR HYPERMARCHES25,721.57MEvry, Essonne
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Trends

Expansion of Supercenters - Both Target and Wal-Mart are adding and converting existing...
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Industry Indicator

US consumer spending on nondurable goods, an indicator of discount store sales, rose 3.9 percent in May 2010 compared to the same month in 2009.
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Quarterly Industry Update

Target Rolls Out Kindle - Target has started selling the popular Kindle, Amazon.com's e-book reader, at more than 100 of its US stores. The product will be set up for...
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