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Used Goods Stores in the US
IBISWorld, July 2011, Pages: 34
Out with the old: Revenue will grow only marginally, hampered by big box competition
Used Goods Stores in the US
Driving a hard bargain
While the countercyclical Used Goods Stores industry experienced growth during the tumultuous recession, the economy's improvement will hamper demand. Consumer sentiment is somewhat strained, but individuals will look to big box retail stores to purchase new products rather than buy from used goods stores. Tight federal regulations will also cause revenue to shrink, impeding overall growth. The industry will rely on specialization in order to drive demand in the next five years.
Used good stores collect or purchase used merchandise and sell these goods directly to consumers. The industry includes thrift stores and pawnshops but excludes stores that sell secondhand motor vehicles and parts such as automobiles, recreational vehicles, motorcycles, boats and tires.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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