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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 | Feb 2014

Dressing up: Revenue will increase as the industry recovers, but e-tailers will threaten profitability

IBISWorld’s Family Clothing Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$29bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment
33,701
Businesses
2,739
Industry Analysis & Industry Trends

Revenue and employment in the Family Clothing Stores industry dropped during the recession. With demand diminishing and profit margins (earnings before interest and tax) dropping during the economic downfall, operators had to cut costs. However, over the next five years, the industry is expected to recover, and revenue is expected to grow... purchase to read more

Industry Report - Industry Analysis Chapter

Apparel purchases are often made on a discretionary basis. Consumers do not purchase clothing simply because they need new items, but because clothes also serve a fashion purpose. Therefore, demand for the Family Clothing Stores industry is closely tied to trends in disposable income and consumer sentiment. During the peak of the recession, consumer confidence dropped drastically due to the weakening global economy, most notably in the United States. In 2009, per capita disposable income dipped 0.4% as a result of a sharp increase in the national unemployment rate. Consequently, industry revenue declined during the same year, as consumers tightened their budgets and cut clothing purchases. As consumers reduced spending, hand-me-downs presented a more attractive alternative... 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 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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