Industry Analysis & Industry Trends
This industry primarily retails a broad range of new-home renovation equipment and supplies. Following a sharp revenue dip in 2009, the industry has been struggling to recover, despite rising consumer incomes and a property bubble from 2010 until 2013. Industry revenue has stumbled due to consumers moving away from hardware stores toward larger big-box retailers and home improvement stores. Nevertheless, the industry will experience 2.0% annualized growth during the five years to 2019, reaching $4.0 billion as a result of a growing construction industry and rising consumer incomes... purchase to read more
Industry Report - Industry Investment Chapter
The level of capital expenditure undertaken by industry operators is influenced by the size and the number of stores operated. Capital costs for this industry include fixtures and fittings, cash registers and point-of-sale (POS) systems.
The industry's level of labour outlays is measured in terms of wages paid to store employees. In 2014, labour outlays are expected to account for 16.5% of industry revenue. Duties undertaken by employees include providing assistance to potential customers, processing transactions, as well as restocking display shelves. Labour costs for operators are influenced by the number of employees within a company, trading hours and the relative wage rate... purchase to read more