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Family Clothing Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Family Clothing Stores in Canada Market Research Report | NAICS 44814CA | Jan 2015

Fashion statement: Rising incomes will boost discretionary clothing purchases and drive growth

IBISWorld’s Family Clothing Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 10-15
3.2%
Annual Growth 15-20
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Profit
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Employment
58,997
Businesses
2,813
Industry Analysis & Industry Trends

Though the Family Clothing Stores industry experienced years of weakened demand in the aftermath of the recession, over the past three years revenue has grown more strongly. Overall, the industry has fared better than specialty clothing stores because its products are often viewed as a necessity, and both industry wages and employment have increased over the five years to 2015. As consumer confidence improves, the industry is expected to continue its expansion through 2020, and stores numbers are expected to increase in response to improved demand. However, growth will slow late in this five-year period as the market reaches saturation and family clothing stores face stiffer competition from department stores and online retailers... purchase to read more

Industry Report - Industry Investment Chapter

Companies operating in the Family Clothing Stores industry are subject to moderate labour costs, a trend characteristic of the retail sector in general. Employees are required for merchandising, customer service and to process sales transactions. Meanwhile, capital expenses include electronic bar-coding systems, cash registers and surveillance equipment. An increased uptake of technology that monitors inventory levels, sales and taxes collected has increased the industry's capital expenditure level over the past five years. In 2015, wages are estimated to account for 17.9% of industry revenue, while depreciation will account for 2.4%. Thus, for every dollar spent on labour, the typical operator spends $0.13 on capital investments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Family Clothing Stores Industry?

Stores participating in this industry specialize in retailing new clothing for men, women and children, without specializing in sales for an individual gender or age group. These establishments may also provide, but not focus in, basic alterations, such as hemming, taking in or letting out seams and lengthening or shortening sleeves.

Industry Products
Women's apparelMen's apparelChildren's apparel
 
Industry Activities
Retailing men's casual apparelRetailing women's casual apparelRetailing children's casual apparelRetailing men's formal apparelRetailing women's formal apparel


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