Research and Markets: 2013 Report on the $27 Billion US Shoe Store Industry Featuring Foot Locker and Brown Shoe Company
by Business Wire
Research and Markets (http://www.researchandmarkets.com/research/qffrpb/shoe_stores) has announced the addition of the "Shoe Stores" report to their offering.
Companies in this industry primarily sell casual, dress, and athletic shoes, including orthopedic shoes, from physical retail locations. Major US companies include Payless ShoeSource, Brown Shoe Company (which owns Famous Footwear and Naturalizer), Foot Locker, and DSW. Some shoe manufacturers, such as Nike, also have retail operations.
The US shoe store industry includes about 28,000 stores with combined annual revenue of about $27 billion and is expected to grow at a moderate rate in the next two years. Key growth drivers are consumer spending and fashion trends.
New styles and personal income drive demand. The profitability of individual companies depends on effective merchandising and competitive pricing. Large companies have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by stocking speciality products, providing superior customer service, or serving a local market. The US industry is concentrated: the top 50 companies have about 75 percent of industry revenue.
Shoe stores compete with department stores, mass merchandisers, apparel retailers, Internet retailers, and some shoe manufacturers.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products sold by shoe stores include womens casual and dress shoes (30 percent of industry revenue); mens athletic shoes (20 percent); mens casual and dress shoes (13 percent), and womens athletic shoes (10 percent). Other products include handbags, hosiery, and jewelry. Companies may specialize in mens, womens, childrens, or athletic shoes. Over half of all shoe retailers are family shoe stores, which offer merchandise for multiple targets.
Key Topics Covered:
1. Industry Overview
2. Quarterly Industry Update
3. Business Challenges
4. Business Trends
5. Industry Opportunities
6. Call Preparation Questions
7. Financial Information
8. Industry Forecast
9. Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/qffrpb/shoe_stores