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 Locations Chapter
The geographic spread of the Family Clothing Stores industry largely follows the country's distribution of population. This is typically the case with retail industries because they rely heavily on consumer purchases. Ontario is the most densely populated province, with 38.7% of the country's population. The region also accounts for about 35.4% of total industry establishments. Its location on the Great Lakes gives this area easy access to imports from the United States and a well established transportation network.
Quebec is another important region for this industry. With 23.1% of Canada's population, it accounts for about 22.6% of total family clothing stores establishments. The region also has access to key waterways that make transporting goods easier and less costly... purchase to read more