Industry Analysis & Industry Trends
The Used Goods Stores industry in Canada runs countercyclical to the overall economy. Due to the nature of the industry's products, when per capita disposable income is low, demand is high for used, and therefore cheaper, products. In the five years to 2020, as the economy recovers, industry growth will slow significantly... purchase to read more
Industry Report - Industry Investment Chapter
Capital intensity in the Used Goods Stores industry is low. According to IBISWorld estimates, for every dollar spent on wages, $0.03 is spent equipment necessary for the operation of a retail storefront, such as cash registers, point of sale systems, building improvements, signs, shelves and lighting fixtures. Capital intensity has increased marginally over the past five years, as industry establishments continue to invest more income in technological upgrades related to sales, stock and inventory control.
This industry is moderately labour intensive. The Used Goods Stores industry requires personal service skills and most employee tasks are difficult to replace with investments in equipment or technology. How.. purchase to read more