Manchester retailers have faced a difficult trading environment over the past five years. Industry revenue is projected to decline by 2.2% annualised over the five years through 2014-15. During this period, increasing competition from external players has played havoc with industry revenue and profit margins. Revenue has also been influenced by trends in discretionary income, consumer sentiment, interest rates, house construction activity, consumer preferences and seasonal trends in fabric colour, design and texture. Industry revenue is forecast to rise by 1.9% in 2014-15, to $2.1 billion.
Operators in the industry primarily retail household textiles such as bed linen, cushions and curtains. These products are purchased from manufacturers and wholesalers and then sold through bricks-and-mortar stores or via online channels to the general public. However, businesses that operate solely online are excluded from the industry.
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.