The Discount Variety Stores industry has benefited from relatively stable demand conditions over the past five years. Its appeal to the price-sensitive consumer has led to above-average growth despite global economic uncertainty, unlike most other retail industries. The industry has also benefited from an elevated Australian dollar for most of the past five years, which has allowed firms to buy goods at lower prices. Over the five years through 2014-15, revenue for the Discount Variety Stores industry is expected to grow at an annualised 0.8%.
Discount variety stores retail general merchandise such as food products, toys, household goods, hardware, furniture, apparel and novelty products. These goods are typically inexpensive and are offered at discounted prices. The industry excludes department stores, supermarkets and warehouse clubs.
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.