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Retailing in the US – Market Summary & Forecasts Comprehensive overview of the market, consumer, and competitive context, with retail sales value and

forecasts to 2019

Report Code: RT0221MR

Published: June 2015

Report Price: US$4,950 (Single Copy)

©Conlumino 2014 | This product is licensed and is not to be photocopied or reproduced.

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Retailing in the US – Market Summary & Forecasts


Summary

―Retailing in the US – Market Summary & Forecasts‖, report, published by Conlumino, provides a detailed

analysis of both the historic and forecast market data of retail sales of different product segments across

key channels in The US. In addition, it provides an overview of changing shopping trends, government

policies towards business, and the influence of various economic variables on the retail industry, new

online and technology trends, the competitive landscape across product segments, and detail of key

retailers.

Key Findings

The US continues to be the largest economy

America has more spenders than savers

Consumer inclination towards wearable technology to benefit retailers

Private labels continue to grow

Chinese tourists to fuel US retail sales

Reasons to Buy

Data coverage of 26 products across 12 product sectors in the US retail market – accurate, reliable

data for companies already operating in and those wishing to enter the US market

Performance of individual product sectors across key channels in the last five years, with forecasts

until 2019 – pinpoint the fastest-growing segments in a market witnessing double digit growth

Vital economic and population trends, and key consumer and technology trends influencing the retail

market –explore the impact of festive seasons and how they are stimulating consumer spending,

allowing you to align your product offerings and strategies to meet demand

Critical insights into US shoppers - what stores do US shoppers prefer? How can you effectively

promote to lucrative markets and ensure you have the insights to beat off the competition

Analysis of key international and domestic players in each of the 12 product sectors – including store

counts and revenues. With coverage of over 48 retailers including Walmart, Bestbuy, Kohl’s, Sears,

Kay Jewelers; maximize your competitive edge and pinpoint opportunities to improve market share


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1. Retail Topline

1.1 Total Retail

The US retail market is among the largest in the world, with the total retail sales in the country are

expected to witness steady CAGR growth over the next five years, driven by the improving economic

conditions, decreasing unemployment rate, increasing wages, stronger dollar, and overall improvement in

equities and the housing market. The proliferation of social, mobile, and digital technologies is fast-

changing the way consumers shop in the country. A large consumer base coupled with increasing

disposable income is expected to drive growth of the retail market in the country, albeit steady.

The retail sales in the country recovered from the recession in 2009 and witnessed steady growth over

the subsequent years to register steady growth in 2014, buoyed by the improving macroeconomic factors.

Categories such as clothing, food and grocery, electrical and electronics, jewelry, watches and

accessories, and luggage and leather goods will have higher rates of growth over the forecast period as

increasing numbers of consumers with disposable income will be more inclined to spend. The general

inclination towards spending, mirrored by the low rate of household savings, is expected to augur well for

the US retail industry.

1.1.1 Retail sales value and growth

Retail sales accounted for xx% of the overall customer spend in 2014. Food and grocery accounts for the

largest share of retail spending, followed by home and garden products. Technology-savvy US

consumers are increasingly adopting advanced technologies and retailers are also tapping the immense

potential that these technologies hold to engage customer interest and boost sales. Online shopping is

rapidly increasing with an increasing number of customers switching to online purchases. However, users

continue to prefer in-store purchases and conduct online research before making an in-store purchase.

As a result, retailers are positioning their products accordingly to attract prospective buyers.


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Figure 1: Retail Sales Value and Growth (US$ Billion, %) 2006–2014

x%x%

-x%

x%

x% x%x% x%

-x%

-x%

-x%

x%

x%

x%

x%

x%

xx

xx

xx

xx

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xx

2006 2007 2008 2009 2010 2011 2012 2013 2014

Yo

Y S

ale

s G

row

th i

n (%

)

Reta

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ale

s (

US

$ b

illi

on

)

Retail Sales (US$ billion) YoY Sales Growth (%)

Source: : World Bank Development Indicators and Conlumino 2015 / © Conlumino


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Figure 2: Retail Sales as % of Total Consumer Spend (%), 2006 and 2014

x%

x%

2014

x%

x%

2006

Retail Sales as .Percentage of total Consumer Spending (%)

Others (%)

Source: Conlumino 2015 © Conlumino

Figure 3: Total Retail Sales and Growth Rate(US$ Billion, %), 2014&2019

xx

xx

xx

xx

xx

xx

xx

xx

xx

2014 2019

Reta

il S

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s (

US

$ b

illi

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Retail Sales (US$ billion)

CAGR+XX%



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2. Retail – Product Sectors

2.1 Product Sector Analysis

2.1.1 Electrical and Electronics

The electrical and electronics category will maintain its positive growth trajectory, where the overall

market is expected to grow at a CAGR of xx% to 2019. Improving economic factors coupled with growing

affluence among consumers will continue to drive growth. Technology advancements and the launch of

sophisticated electronic gadgets will drive growth in the sector. Products that offer more advanced

features and convenience will continue to drive the market.

Electrical and electronics accounted for xx% of total retail sales and is expected to account for xx% of

total sales, witnessing a CAGR of xx% during 2014–2019.An increasing number of customers are

expected to use the online channel to make purchases, which is projected increase from xx% in 2014 to

xx% by 2019.


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Figure 4: Share of Electrical and Electronics in overall Retail 2014 and 2019

xx%

2014

xx%

2019

Electrical and Electronics


Figure 5: Retail Sales Value and Growth (US$ Billion, %) of Electrical and Electronics 2014-2019

x%x%

x% x%

x%

x%

x%

x%

x%

x%

x%

x%

x%

x%

x%

xx

xx

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xx

2014 2015 2016 2017 2018 2019

Yo

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)

Ele

ctr

ical

an

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lectr

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ics S

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s i

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S$

bil

lio

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Electrical and Electronics Sales in (US$ billion)



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Summary Methodology

Overview

All data in this series of retail reports from Conlumino is rigorously sourced using a comprehensive,

standardized methodology. This methodology ensures that all data is thoroughly researched and cross–

checked against a number of sources and validation processes. At the core of this methodology is a

triangulated market sizing approach, which ensures that results from different sources and approaches,

including Conlumino’s own industry surveys, are compared and a final consensus number between these

inputs is derived. In addition, standardized processes and quality controls across the entire data

collection, analysis and publication process ensure compliance and cross–checking of the data occurs at

each stage of the methodology.

The triangulated market sizing method

The triangulation method ensures that the results from three distinct phases of the research are brought

together and cross–compared before finalized market numbers are derived:

1. Existing internal resources: as retail data is compiled using a rolling annual program of industry research, the first stage of producing the data is to review the existing internal information, both from the last major data release, as well as that which has been collected on an ongoing basis throughout the year. This includes inputs about market as well as individual retailer performance. These sources are then reviewed and incorporated into data collection processes and databases before the second intensive phase of desk research.

2. Extensive desk research: this phase of the methodology incorporates the main phase of secondary research. This research is initially conducted across a wealth of information sources, as listed below. In addition, the results of any relevant surveys from other Conlumino projects are also fed into data collection sheets. Online industry surveys can include industry opinion surveys of retailers’ — and their suppliers’ — sentiment and consumer surveys of purchasing and retail behavior. Secondary sources include, but are not limited to, the following:

a. Industry surveys b. Industry and trade association research c. Trade portals d. Company filings and analyst presentations e. Broker and investment analyst reports f. International organizations g. Government statistics h. Retail media i. National Press, including both business and consumer titles

3. Market modeling: the next stage in the process is to feed the results of the above into market

models, which also include drive–based forecasting tools — which analyze drivers such as disposable

income, product uptake, macro–economic drivers and market momentum — in order to fill in any gaps in

the data and update forecast numbers. At this stage, the market models also look to update channel


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distribution data sets. For example, information found at the research and trend monitoring stage on

online retail sales would directly affect the channel distribution models.

4. Data finalization: the final stage of the process is the true triangulation of all the previous inputs.

At this stage data is created using the inputs to hand in a bottom–up fashion, starting with the inputs from

each of the previous three stages of the process for each data point to be published. This is done for all

the product, channel and country combinations covered in the data. At this stage, therefore, the project

analysts are constantly evaluating and deciding upon the relative merits of each of the inputs from the

research processes. Once a triangulated set of data has been finalized, these outputs are then thoroughly

cross–checked using a series of top–down checks which review the data against a series of reference

benchmarking, including known overall retail sizes, growth trends and per–capita spending rates.

Figure 6: The Triangulated Market Sizing Methodology

Source: Conlumino 2015 / © Conlumino


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Industry surveys in the creation of retail market data

Stage 2 of the above process includes using the outputs of Conlumino’s surveys of consumers’ packaged

goods consumption and industry opinion. Every year Conlumino completes a large scale survey, with

over 120,000 responses, covering CPG purchasing and consumption habits in 10 core retail markets

around the globe. This major study, cross-referenced against the primary telephone research of product

market sizes by country, provides outputs against which relevant retail market data, focusing on the

grocery channel and core products in this channel are assessed. It should be noted that overall, this feeds

research into 3 of the 25 product categories covered. In addition, any other suitable surveys conducted by

Conlumino which also provide information on retail markets are mined for information to be put into the

data finalization process.

Quality control and standardized processes

Crucial to the function of the above method is the adoption of strict definitions for all products and

channels, and adherence to a standardized process at each and every stage in the methodology. By

following this approach all data is made cross-comparable across countries to ensure that analysis adds

to the understanding of market dynamics and trends.

The key elements of this approach are:

Strict channel definitions: the definition of each channel is the same in every country;

Strict product definitions: the definition of each product is the same in every country;

Standardized processes:

o Data capture – all data received as part of the research is captured in standardized files and in a

standard format. Any workings that analysts carry out on inputs, for example to correct for

misalignment in category coverage, are also covered in these sheets

o Data creation – all modeling and forecasting approaches are standardized in order to ensure

consistency

o Finalization and verification – systematic methods and approaches are used to finalize data

points

Country by country research structure: all research is conducted country by country in order to

ensure that market data reflect local market trends and contexts

Data checks during “bottom-up” creation: during the data creation and finalization stage analysts

refer back to initial sources and inputs in order to ensure accuracy in the data

Top down data audits and cross-checks: a large series of cross-checks across all the different

dimensions of the final data sets are run in order to identify any outliers or trends that do not fit with

Conlumino’s market understanding, as well as to conduct specific analyses against set proofing

criteria, such as abnormal growth rate changes, verifying data at both the overall and detailed level

against research inputs and checking per capita spends against other analysis of consumers’

spending in a country

Hierarchical review processes: finally, all of the above processes are subject to a hierarchical

review process which ensures that not only the core analysts within a team look at the data, but that

at each stage data is passed through several management layers in order that queries and data

review and sign-off are completed before any final data can be published


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Table of Contents

1. Introduction .................................................................................................9

1.1 What is this Report About? .................................................................................. 9

2. Executive Summary & Outlook ................................................................ 10

3. Market Context .......................................................................................... 12

3.1 The US continues to be an important market for retailers .................................. 12

3.1.1 The US economy recovers from recession ....................................................................... 12

3.1.2 America has more spenders than savers, which augurs well for the retail industry ......... 16

3.1.3 The US’s unemployment rate continues to drop – a positive sign for the economy ......... 17

3.1.4 Declining rates of inflation indicate more consumer spending .......................................... 19

3.1.5 Consumption expenditure is rising, fuelling retail sales .................................................... 20

3.2 Steady growth in US population offers growth opportunities .............................. 24

4. US Shoppers .............................................................................................. 28

4.1 Consumer inclination towards wearable technology to benefit retailers ............. 28

4.2 Increasing numbers of US consumers embrace m-commerce .......................... 30

4.3 Private labels continue to grow .......................................................................... 32

4.4 Demand from multicultural consumers to rise .................................................... 32

4.5 Increasing number of Chinese tourists to fuel retail sales .................................. 33

5. Doing Business in the US ......................................................................... 34

5.1 Summary ........................................................................................................... 34

5.1.1 Bureaucracy ...................................................................................................................... 35

5.1.2 Business Culture ............................................................................................................... 35

5.1.3 Geography ......................................................................................................................... 35

5.1.4 Infrastructure and Logistics ............................................................................................... 36

5.2 Taxation in the US ............................................................................................. 36

5.2.1 Corporate Income Tax ....................................................................................................... 36

5.2.2 Alternative Minimum Tax (AMT) ........................................................................................ 36

5.3 Fair Labor Standards Act (FLSA) for wages ...................................................... 37

5.4 Marketplace Fairness Act – still waiting to be passed ........................................ 37

6. Internet &Technology ............................................................................... 38

6.1 Increasing use of smartphones reflects in the growth of internet users .............. 38

6.2 Steady rise in fixed broadband subscribers ....................................................... 39

6.3 Increasing penetration of mobile devices augurs well for the e-commerce industry40

6.4 Technology Trends............................................................................................ 41


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6.4.1 Robots to help customers in Lowe’s store ........................................................................ 41

6.4.2 Sleep experts introduce mattress diagnostic system ........................................................ 42

6.4.3 Amazon uses robots to fulfill orders in its distribution centers .......................................... 43

7. Retail Topline ............................................................................................. 44

7.1 Total Retail ........................................................................................................ 45

7.1.1 Online sales and growth .................................................................................................... 47

7.2 Summary of product sectors .............................................................................. 48

7.2.1 Share of key product sectors............................................................................................. 48

7.2.2 Key product sectors ........................................................................................................... 48

7.3 Summary of channels ........................................................................................ 51

7.3.1 Spend per channel ............................................................................................................ 51

7.3.2 Online penetration of key product sectors ......................................................................... 52

8. Retail – Product Sectors ........................................................................... 54

8.1 Product Sector Analysis .................................................................................... 54

8.1.1 Clothing ............................................................................................................................. 54

8.1.2 Footwear ............................................................................................................................ 61

8.1.3 Books, News and Stationery ............................................................................................. 68

8.1.4 Electrical and Electronics .................................................................................................. 73

8.1.5 Food and Grocery ............................................................................................................. 78

8.1.6 Health and Beauty ............................................................................................................. 82

8.1.7 Furniture and Floor Coverings........................................................................................... 87

8.1.8 Home and Garden Products.............................................................................................. 92

8.1.9 Music, Video and Entertainment Software ........................................................................ 96

8.1.10 Sports and Leisure Equipment ........................................................................................ 101

8.1.11 Jewelry, Watches and Accessories ................................................................................. 105

8.1.12 Luggage and Leather Goods........................................................................................... 110

9. Retailers ................................................................................................... 115

9.1 Clothing ........................................................................................................... 117

9.2 Footwear ......................................................................................................... 119

9.3 Books, News and Stationery ........................................................................... 121

9.4 Electrical and Electronics ................................................................................ 123

9.5 Food and Grocery ........................................................................................... 125

9.6 Health and Beauty ........................................................................................... 127

9.7 Furniture and Floor Coverings ......................................................................... 129

9.8 Home and Garden Products ............................................................................ 132


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9.9 Music, Video and Entertainment Software ....................................................... 134

9.10 Sports & Leisure Equipment ............................................................................ 135

9.11 Jewelry, Watches and Accessories ................................................................. 136

9.12 Luggage and Leather Goods ........................................................................... 138

10. Appendix .................................................................................................. 139

10.1 Definitions ....................................................................................................... 139

10.2 Summary Methodology ................................................................................... 145

10.2.1 Overview .......................................................................................................................... 145

10.2.2 The triangulated market sizing method ........................................................................... 145

10.2.3 Industry surveys in the creation of retail market data ..................................................... 147

10.2.4 Quality control and standardized processes ................................................................... 147

10.3 About Conlumino ............................................................................................. 148

10.4 Disclaimer ....................................................................................................... 148


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List of Figures

Figure 1: GDP Values (US$ billion, %), 2008–2014E ................................................................................................................................... 13 Figure 2: Growth Rate of GDP (US$ billion, %), 2008–2014E ...................................................................................................................... 14 Figure 3: GDP Value and Growth (US$ billion, %), 2008–2014E .................................................................................................................. 14 Figure 4: Forecasts for GDP Value and Growth (US$ billion, %), 2014–2019 ............................................................................................... 15 Figure 5: Gross Domestic Savings Rate (% of Disposable Household Income), 2004–2014 ........................................................................ 16 Figure 6: Unemployment Rate (%), 2004–2014 ........................................................................................................................................... 17 Figure 7: Share of Employment by Sector (%), 2004 and 2014E .................................................................................................................. 18 Figure 8: Inflation Rate (%), 2004–2014 ....................................................................................................................................................... 19 Figure 9: Household Consumption Expenditure in the US (US$ billion), 2004 and 2014E ............................................................................ 20 Figure 10: Household Consumption Expenditure of Major Countries (US$ billion), 2014E ........................................................................... 21 Figure 11: Growth of Household Consumption Expenditure (US$, %), 2004–2014 ...................................................................................... 22 Figure 12: Rural and Urban Populations (millions) 2004, 2014, and 2019 .................................................................................................... 23 Figure 13: Total Population and Growth Rate (Millions, %), 2004–2019 ....................................................................................................... 25 Figure 14: Population Split by Gender (%), 2014 and 2019 .......................................................................................................................... 25 Figure 15: Population Split by Age Group (%), 2014 and 2019E .................................................................................................................. 26 Figure 16: Per Capita Spend on Retail (US$), 2006 and 2014 ..................................................................................................................... 26 Figure 17: Per Capita Spend (US$) and Total Retail Spend by Age Group (%), 2006 and 2014................................................................... 27 Figure 18:Wearable technology gaining mainstream adoption ..................................................................................................................... 29 Figure 19: Increasing number of consumers embrace m-commerce ............................................................................................................ 31 Figure 20: Chinese Tourists to the US 2009–2014 ....................................................................................................................................... 33 Figure 21: Key Components of Doing Business in US Matrix ....................................................................................................................... 34 Figure 22:Total Number of Internet Users and Penetration (Millions, %), 2004–2014 ................................................................................... 38 Figure 23:Total Number of Fixed Broadband Users and Penetration (Millions, %), 2004–2014E .................................................................. 39 Figure 24: Total Number of Mobile Phone Users and Penetration (Millions, %), 2004–2014E ...................................................................... 40 Figure 25: Assisting Robot in Lowe’s Store .................................................................................................................................................. 41 Figure 26: Sleep Experts’ Mattress Diagnostic System ................................................................................................................................ 42 Figure 27: Kiva Robots in Amazon Warehouse ............................................................................................................................................ 43 Figure 28: Retail Sales Value and Growth (US$ Billion, %) 2006–2014 ........................................................................................................ 45 Figure 29: Retail Sales as % of Total Consumer Spend (%), 2006 and 2014 ............................................................................................... 46 Figure 30: Total Retail Sales and Growth Rate(US$ billion, %), 2014 and 2019 ........................................................................................... 46 Figure 31: Online Sales and Growth Rate (US$ billion, %) 2014–2019 ....................................................................................................... 47 Figure 32: Share of Key Product Sectors (%), 2014 and 2019 ..................................................................................................................... 48 Figure 33: Growth Rate of Key Product Sectors vs. Growth of Total Retail (%), 2014–2019 ......................................................................... 49 Figure 34: Value Growth of Key Product Sectors (US$ billion), 2014–2019 .................................................................................................. 50 Figure 35: Share of Spend Per Channel 2014 and 2019 .............................................................................................................................. 51 Figure 36: Online Penetration of Key Product Sectors (%), 2014 ................................................................................................................. 52 Figure 37: Online Penetration of Key Product Sectors (%), 2019 ................................................................................................................. 53 Figure 38: Share of Clothing in overall Retail 2014 and 2019 ....................................................................................................................... 54 Figure 39: Retail Sales Value and Growth (US$ billion, %) of Clothing 2014–2019 ...................................................................................... 55 Figure 40: Spend-per-Head on Clothing 2014 and 2019 .............................................................................................................................. 56 Figure 41: Share of Clothing by Women’s Wear, Men’s Wear and Children’s Wear 2014 and 2019 ............................................................. 56 Figure 42: Children’s Wear Sales Value and Growth (US$ billion, %) 2014–2019 ........................................................................................ 58 Figure 43: Online Spend in Clothing 2014–2019 .......................................................................................................................................... 59 Figure 44: Online Share of Total Clothing Spend 2014 and 2019 ................................................................................................................. 59 Figure 45: Spending per Channel in Clothing (%) 2014 and 2019 ................................................................................................................ 60 Figure 46: Share of Footwear in Total Retail 2014 and 2019 ........................................................................................................................ 61 Figure 47: Retail Sales Value and Growth (US$ billion, %) of Footwear 2014–2019 .................................................................................... 62 Figure 48: Spend-per-Head on Footwear 2014 and 2019 ............................................................................................................................. 62 Figure 49: Share of Footwear by Women’s Footwear, Men’s Footwear and Children’s Footwear 2014 and 2019 ........................................ 63 Figure 50: Women’s Footwear Sales Value and Growth (US$ billion, %) 2014–2019 ................................................................................... 64 Figure 51: Men’s Footwear Sales Value and Growth (US$ billion, %) 2014–2019 ........................................................................................ 65 Figure 52: Children’s Footwear Sales Value and Growth (US$ billion, %) 2014–2019 .................................................................................. 65


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Figure 53: Online Spend in Footwear 2014–2019 ........................................................................................................................................ 66 Figure 54: Online Share of total Footwear Spend 2014 and 2019 ................................................................................................................ 66 Figure 55: Spending per Channel in Footwear (%) 2014 and 2019 .............................................................................................................. 67 Figure 56: Share of Books, News and Stationery in Total Retail2014 and 2019 ........................................................................................... 68 Figure 57: Retail Sales Value and Growth (US$ billion, %) of Books, News and Stationery 2014–2019 ....................................................... 69 Figure 58: Spend-per-Head on Books, News and Stationery 2014 and 2019 ............................................................................................... 70 Figure 59: Online Spend in Books, News and Stationery 2014–2019 ........................................................................................................... 71 Figure 60: Online Share of total Books, News and stationery Spend 2014 and 2019 ................................................................................... 71 Figure 61: Spending per Channel in Books, News and stationery (%) 2014 and 2019 ................................................................................. 72 Figure 62: Share of Electrical and Electronics in overall Retail 2014 and 2019 ............................................................................................. 73 Figure 63: Retail Sales Value and Growth (US$ billion, %) of Electrical and Electronics 2014–2019 ............................................................ 74 Figure 64: Spend-per-Head on Electrical and Electronics 2014 and 2019 .................................................................................................... 75 Figure 65: Online Spend in Electrical and Electronics 2014–2019 ................................................................................................................ 76 Figure 66: Online Share of total Electrical and Electronics Spend 2014 and 2019 ........................................................................................ 76 Figure 67: Spending per Channel in Electrical and Electronics (%) 2014 and 2019 ...................................................................................... 77 Figure 68: Share of Food and Grocery in overall Retail 2014 and 2019........................................................................................................ 78 Figure 69: Retail Sales Value and Growth (US$ billion, %) of Food and Grocery 2014–2019 ....................................................................... 79 Figure 70: Spend-per-Head on Food and Grocery 2014 and 2019 ............................................................................................................... 79 Figure 71: Online Spend in Food and Grocery 2014–2019 ........................................................................................................................... 80 Figure 72: Online Share of total Food and Grocery Spend 2014 and 2019 ................................................................................................... 80 Figure 73: Spending per Channel in Food and Grocery (%) 2014 and 2019 ................................................................................................. 81 Figure 74: Share of Health and Beauty in overall Retail 2014 and 2019 ....................................................................................................... 82 Figure 75: Retail Sales Value and Growth (US$ billion, %) of Health and Beauty2014–2019 ....................................................................... 83 Figure 76: Spend-per-Head on Health and Beauty2014 and 2019 ............................................................................................................... 84 Figure 77: Online Spend in Health and Beauty2014–2019 ........................................................................................................................... 85 Figure 78: Online Share of total Health and Beauty Spend 2014 and 2019 .................................................................................................. 85 Figure 79: Spending per Channel in Health and Beauty (%) 2014 and 2019 ................................................................................................ 86 Figure 80: Share of Furniture and Floor Coverings in overall Retail 2014 and 2019 ..................................................................................... 87 Figure 81: Retail Sales Value and Growth (US$ billion, %) of Furniture and Floor Coverings 2014–2019 .................................................... 88 Figure 82: Spend-per-Head on Furniture and Floor Coverings 2014 and 2019 ............................................................................................. 89 Figure 83: Online Spend in Furniture and Floor Coverings 2014–2019 ........................................................................................................ 90 Figure 84: Online Share of total Furniture and Floor Coverings Spend 2014 and 2019 ................................................................................ 91 Figure 85: Spending per Channel in Furniture and Floor Coverings (%) 2014 and 2019 .............................................................................. 91 Figure 86: Share of Home and Garden Products in overall Retail 2014 and 2019 ........................................................................................ 92 Figure 87: Retail Sales Value and Growth (US$ billion, %) of Home and Garden Products 2014–2019 ....................................................... 93 Figure 88: Spend-per-Head on Home and Garden Products 2014 and 2019 ................................................................................................ 93 Figure 89: Online Spend in Home and Garden Products 2014–2019 ........................................................................................................... 94 Figure 90: Online Share of total Home and Garden Products Spend 2014 and 2019 ................................................................................... 94 Figure 91: Spending per Channel in Home and Garden Products (%) 2014 and 2019 ................................................................................. 95 Figure 92: Share of Music, Video and Entertainment Software in overall Retail 2014 and 2019 ................................................................... 96 Figure 93: Retail Sales Value and Growth (US$ billion, %) of Music, Video and Entertainment Software 2014–2019 .................................. 97 Figure 94: Spend-per-Head on Music, Video and Entertainment Software 2014 and 2019 ........................................................................... 98 Figure 95: Online Spend in Music, Video and Entertainment Software 2014–2019 ...................................................................................... 99 Figure 96: Online Share of total Music, Video and Entertainment Software Spend 2014 and 2019 .............................................................. 99 Figure 97: Online Share of total Music, Video and Entertainment Software Spend 2014 and 2019 ............................................................ 100 Figure 98: Share of Sports and Leisure Equipment in overall Retail 2014 and 2019 ................................................................................... 101 Figure 99: Retail Sales Value and Growth (US$ billion, %) of Sports and Leisure Equipment 2014–2019 .................................................. 102 Figure 100: Spend-per-Head on Sports and Leisure Equipment 2014 and 2019 ........................................................................................ 102 Figure 101: Online Spend in Sports and Leisure Equipment 2014–2019 .................................................................................................... 103 Figure 102: Online Share of total Sports and Leisure Equipment Spend 2014 and 2019 ............................................................................ 103 Figure 103: Spending per Channel in Sports and Leisure Equipment (%) 2014 and 2019 .......................................................................... 104 Figure 104: Share of Jewelry, Watches and Accessories in overall Retail 2014 and 2019 .......................................................................... 105 Figure 105: Retail Sales Value and Growth (US$ billion, %) of Jewelry, Watches and Accessories 2014–2019 ......................................... 106 Figure 106: Spend-per-Head on Jewelry, Watches and Accessories 2014 and 2019 ................................................................................. 107 Figure 107: Online Spend in Jewelry, Watches and Accessories 2014–2019 ............................................................................................. 108 Figure 108: Online Share of total Jewelry, Watches and Accessories Spend 2014 and 2019 ..................................................................... 108


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Figure 109: Spending per Channel in Jewelry, Watches and Accessories (%) 2014 and 2019 ................................................................... 109 Figure 110: Share of Luggage and Leather Goods in overall Retail 2014 and 2019 ................................................................................... 110 Figure 111: Retail Sales Value and Growth (US$ billion, %) of Luggage and Leather Goods 2014–2019 .................................................. 111 Figure 112: Spend-per-Head on Luggage and Leather Goods 2014 and 2019 ........................................................................................... 112 Figure 113: Online Spend in Luggage and Leather Goods 2014–2019 ...................................................................................................... 113 Figure 114: Online Share of total Luggage and Leather Goods Spend 2014 and 2019 .............................................................................. 113 Figure 115: Spending per Channel in Luggage and Leather Goods (%) 2014 and 2019 ............................................................................ 114 Figure 116: Major Domestic Retailers in the US ......................................................................................................................................... 115 Figure 117: Major International Retailers in the US .................................................................................................................................... 116 Figure 118: The Triangulated Market Sizing Methodology .......................................................................................................................... 146


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List of Tables

Table 1: US Clothing Retail Sales (US$ bn), by Product Sub-Category, 2009–2014 .................................................................................... 57 Table 2: US Clothing Retail Sales (US$ bn), by Product Sub-Category, 2014–2019 .................................................................................... 57 Table 3: US Footwear Retail Sales (US$ bn), by Product Sub-Category, 2009–2014................................................................................... 63 Table 4: US Footwear Retail Sales (US$ bn), by Product Sub-Category, 2014–2019................................................................................... 63 Table 5: Key Clothing Retailers in the US .................................................................................................................................................. 117 Table 6: Key Footwear Retailers in the US ................................................................................................................................................. 119 Table 7: Key Books, News and Stationery Retailers in the US ................................................................................................................... 121 Table 8: Key Electrical and Electronics Retailers in the US ........................................................................................................................ 123 Table 9: Key Food and Grocery Retailers in the US ................................................................................................................................... 125 Table 10: Key Personal Care Retailers in the US ....................................................................................................................................... 127 Table 11: Key Furniture and Floor Coverings Retailers in the US ............................................................................................................... 129 Table 12: Key Home and Garden Products Retailers in the US .................................................................................................................. 132 Table 13: Key Music, Video and Entertainment Retailers in the US ............................................................................................................ 134 Table 14: Key Sports & Leisure equipment Retailers in the US .................................................................................................................. 135 Table 15: Key Jewelry, watches and accessories Retailers in the US ........................................................................................................ 136 Table 16: Key Luggage and Leather Goods Retailers in the US ................................................................................................................. 138 Table 17: Conlumino Retail Channel Definitions ........................................................................................................................................ 139 Table 18: Conlumino Retail Category Definitions ....................................................................................................................................... 142


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Related Reports

Clothing & Footwear Retailing in the US - Market Summary & Forecasts

Books, News and Stationery Retailing in the US - Market Summary & Forecasts

Electrical and Electronics Retailing in the US - Market Summary & Forecasts

Health and Beauty Retailing in the US - Market Summary & Forecasts

Furniture and Floor Coverings Retailing in the US - Market Summary & Forecasts

Home and Garden Products Retailing in the US - Market Summary & Forecasts

Sports and Leisure Equipment Retailing in the US - Market Summary & Forecasts

Jewelry, Watches and Accessories Retailing in the US - Market Summary & Forecasts

Luggage and Leather Goods Retailing in the US - Market Summary & Forecasts


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About Conlumino

Conlumino Global Retail offers a comprehensive 360° view of the retail landscape. A team of analysts,

with more than 200 years of combined experience, help you identify and understand the most current

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Documents

Retailing in the US – Market Summary & Forecasts - SP.pdf · Retailing in the US – Market Summary & Forecasts ... the competitive landscape across product segments, ... followed