2024 Department Stores Industry Research Report

Department Stores - Market Size and Industry Forecast

The 2024 Department Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the department stores industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

Lock

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Department Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Department Stores companies in the United States.

Department Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesDepartment Stores
Small Business (< 5 Employees)

Lock

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Department Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Lock

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Department Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Lock

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Department Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Lock

Women's, juniors', and misses' wear, including accessories
Drugs, health aids, beauty aids, including cosmetics
Children's wear, including boys', girls', infants' & toddlers'
Men's wear, including accessories
Toys, hobby goods, & games
Tops, including t-shirts, knit & woven shirts, blouses, sweaters
Infants' & toddlers' clothing & accessories
All other merchandise
Toys, including wheel goods

Department Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations1%

Lock

General and Operations Managers1%
Sales and Related Occupations57%
Supervisors of Sales Workers8%
First-Line Supervisors of Sales Workers8%
First-Line Supervisors of Retail Sales Workers8%
Retail Sales Workers48%
Cashiers22%
Cashiers22%
Retail Salespersons26%
Retail Salespersons26%
Office and Administrative Support Occupations25%
Material Recording, Scheduling, Dispatching, and Distributing Workers18%
Stock Clerks and Order Fillers17%
Stock Clerks and Order Fillers17%
Transportation and Material Moving Occupations5%

Government Contracts

In the past, the federal government spent an annual total of $456,336 on the department stores industry. It has awarded 18 contracts to 7 companies, with an average value of $65,191 per company.

Department Stores and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Lock





Department Stores Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

Related Market Research Reports

General Merchandise Stores
Department Stores
Discount Department Stores
Department Stores & Big Box Retail
Warehouse Clubs & Supercenters
Warehouse Clubs, Supercenters & Big Box Retail