Retail Trade Industry Research Report

Industry Overview

The Sector as a Whole The Retail Trade sector comprises establishments primarily engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. Retail stores are fixed point-of-sale locations, located and designed to attract a high volume of walk-in customers. In general, retail stores have extensive displays of merchandise and use mass-media advertising to attract customers. Retailers often reach customers and market merchandise with methods other than, or in addition to, physical stores, such as Internet websites, the broadcasting of infomercials, the broadcasting and publishing of direct-response advertising, the publishing of paper and electronic catalogs, door-to-door solicitation, in-home demonstration, selling from portable stalls (street vendors, except food), and distribution through vending machines. Establishments engaged in the direct sale and home delivery of products, such as home heating oil dealers and home delivery newspaper routes, are included here. Retail establishments typically sell merchandise to the general public for personal or household consumption, but some also serve business and institutional clients. These include office supply retailers, computer and software retailers, building materials dealers, plumbing supply retailers, and electrical supply retailers. In addition to retailing merchandise, some retailers are also engaged in the provision of after-sales services, such as repair and installation. For example, new automobile dealers, electronics and appliance retailers, and musical instrument and supplies retailers often provide repair services. As a general rule, establishments engaged in retailing merchandise and providing after-sales services are classified in this sector. Retail trade establishments are grouped into industries and industry groups typically based on one or more of the following criteria: (a) The merchandise line or lines carried; for example, specialty retailers are distinguished from general-line retailers. (b) The usual trade designation of the establishments. This criterion applies in cases where a retailer is well recognized by the industry and the public, but difficult to define strictly in terms of merchandise lines carried; for example, pharmacies and department stores. (c) Human resource requirements in terms of expertise; for example, the staff of an automobile dealer requires knowledge in financing, registering, and licensing issues that are not necessary in other retail industries. The buying of goods for resale is a characteristic of retail trade establishments that particularly distinguishes them from establishments in the agriculture, manufacturing, and construction industries. For example, farms that sell their products at or from the point of production are not classified in retail, but rather in agriculture. Similarly, establishments that both manufacture and sell their products to the general public are not classified in retail, but rather in manufacturing. However, establishments that engage in processing activities incidental to retailing are classified in retail. This includes optical goods retailers that grind lenses, and meat and seafood retailers that process carcasses into cuts. Wholesalers also engage in the buying of goods for resale, but they are not usually organized to serve the general public. They typically operate from a warehouse or office, and neither the design nor the location of these premises is intended to solicit a high volume of walk-in traffic. Wholesalers supply institutional, industrial, wholesale, and retail clients; their operations are, therefore, generally organized to purchase, sell, and deliver merchandise in larger quantities. However, dealers of durable nonconsumer goods, such as farm machinery and heavy-duty trucks, are included in wholesale trade even if they often sell these products in single units.
Source: U.S. Census Bureau

Retail Trade Market Size

This research report analyzes the market size and trends in the Retail Trade industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

Included in Report

% 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
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Industry Market Size
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


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.

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 Retail Trade companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesRetail Trade
Small Business (< 5 Employees)

Included

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

Industry 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" Retail Trade company (both public and private companies are included).

Industry AveragePercent of Sales
Total Revenue

Included

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


Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

Included

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

Compensation and Salary Surveys

Salary information for employees working in the Retail Trade industry.

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

Included

Chief Executives0%
General and Operations Managers2%
Business and Financial Operations Occupations6%
Business Operations Specialists6%
Computer and Mathematical Occupations6%
Computer Occupations6%
Arts, Design, Entertainment, Sports, and Media Occupations44%
Art and Design Workers44%
Designers44%
Floral Designers44%
Food Preparation and Serving Related Occupations6%
Food and Beverage Serving Workers5%
Fast Food and Counter Workers5%
Personal Care and Service Occupations11%
Animal Care and Service Workers10%
Nonfarm Animal Caretakers9%
Nonfarm Animal Caretakers9%
Sales and Related Occupations74%
Supervisors of Sales Workers8%
First-Line Supervisors of Sales Workers8%
First-Line Supervisors of Retail Sales Workers8%
Retail Sales Workers65%
Cashiers8%
Cashiers8%
Retail Salespersons56%
Retail Salespersons56%
Office and Administrative Support Occupations11%
Information and Record Clerks17%
Customer Service Representatives11%
Customer Service Representatives11%
Order Clerks5%
Order Clerks5%
Material Recording, Scheduling, Dispatching, and Distributing Workers5%
Shipping, Receiving, and Traffic Clerks7%
Shipping, Receiving, and Traffic Clerks7%
Stock Clerks and Order Fillers17%
Stock Clerks and Order Fillers17%
Other Office and Administrative Support Workers5%
Office Clerks, General5%
Office Clerks, General5%
Installation, Maintenance, and Repair Occupations6%
Other Installation, Maintenance, and Repair Occupations5%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers7%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers7%
Miscellaneous Installation, Maintenance, and Repair Workers29%
Coin, Vending, and Amusement Machine Servicers and Repairers29%
Transportation and Material Moving Occupations5%
Motor Vehicle Operators17%
Driver/Sales Workers and Truck Drivers17%
Driver/Sales Workers20%
Heavy and Tractor-Trailer Truck Drivers12%
Light Truck or Delivery Services Drivers16%
Material Moving Workers11%
Laborers and Material Movers, Hand10%
Laborers and Freight, Stock, and Material Movers, Hand6%

Government Contracts

The federal government spent an annual total of $215,518,357 on the Retail Trade industry. It has awarded 10,186 contracts to 1,080 companies, with an average value of $199,554 per company.

Top Companies in Retail Trade and Adjacent Industries

CompanyAddressRevenue
($ Millions)

Included





Purchase Options
GeographyUnited States
Publication DateAugust 2025
Report FormatPDF Download  PDF
Price$750 $499
Report Contents
Report Objectives

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