Industry Analysis & Industry Trends
High unemployment and falling disposable income levels prompted many consumers to scale back discretionary spending during the recession. Consequently, men's clothing stores experienced declining demand and many operators resorted to promotional and discount activity to bear the burden. Although the industry is forecast to improve over the five years to 2021, especially as operators strive to increase operational efficiency and cater to niche markets, the industry will experience an increase in external competition as international clothing retailers muscle in on the Canadian retail market... purchase to read more
Industry Report - Industry Investment Chapter
Companies operating in the Men's Clothing Stores industry are subject to higher labour costs than capital expenditure, a trend characteristic of the retail sector in general. Employees are required for merchandising, customer service and to process sales transactions. Meanwhile, capital expenditure consists of cash registers and display shelves. The cost of such expenditures has remained relatively steady over the past five years. For every dollar spent on labour, the typical operators spend $0.07 on capital investments, therefore exhibiting a low level of revenue volatility.
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