Department Stores in Australia - IBISWorld Industry Market Research

Department Stores in Australia

Department Stores in Australia - IBISWorld Industry Market Research
Department Stores in Australia
Published Jul 01, 2015
36 pages — Published Jul 01, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

Department stores have struggled over the past five years due to a weak retail environment and low consumer confidence following instability in global financial markets. Consumers have become increasingly price conscious and reluctant to spend their discretionary income, preferring to pay down debt and increase their savings instead. Over the five years through 2015-16, industry revenue is forecast to contract at an annualised 0.9% to $18.1 billion. Despite record low interest rates, consumers are expected to remain frugal in 2015-16, with industry revenue forecast to decline by 1.2%.

Department stores retail fabrics, soft goods, clothing, chinaware, glassware, housewares, perfumes, cosmetics, toiletries, furniture and household appliances. Goods are normally sold through separate instore departments. Department stores purchase products from wholesalers and manufacturers and sell them to consumers, generally without changing the products. They also undertake activities like customer service, product merchandising, advertising, inventory control and cash handling.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
G4260
Country
Report Type
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PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Department Stores in Australia" Jul 01, 2015. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Department-Stores-in-Australia-2042-3123>
  
APA:
IBISWorld Industry Market Research. (2015). Department Stores in Australia Jul 01, 2015. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Department-Stores-in-Australia-2042-3123>
  
US$ 910.00
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