Industry Analysis & Industry Trends
The Warehouse Clubs and Supercentres industry was able to effectively contend with the economic downturn as consumers made more value purchases offered by industry operators. In the five years to 2019, the industry is forecast to continue to exhibit growth, albeit at a slower pace, as some of the industry's largest operators shift focus away from supercentres and toward smaller format department stores. Per capita disposable income and consumer confidence will continue to increase as the economy strengthens, providing consumers with more discretionary income for compulsory purchases at warehouse clubs and supercentres... purchase to read more
Industry Report - Industry Products Chapter
Food and beverages
Declining disposable income and high levels of unemployment in 2010 led to an overall halt in frivolous spending. Households, therefore, focused their spending on consumables, such as food and beverages. Over the past five years, this trend has benefited the industry and this product segment in particular, as households flocked to warehouse clubs and supercentres to take advantage of discounted prices for consumables. In 2014, this segment is expected to make up the largest product segment, accounting for 48.0% of total revenue.
Apparel and home products
Apparel and home products are expected to account for 15.0% of industry revenue in 2014... purchase to read more