2014-02-25 20:53:02 - Leisure and Personal Goods Specialist Retailers in the US - a new market research report on companiesandmarkets.com
Retailers in the United States personal goods retailing market faced significant competition from non-specialist channels as well as overall declines in consumer usage of certain products as attitudes and behaviours shift. Pet shops and superstores, sports goods stores, and jewellery and watch specialists grew sales from 3% to 5% over 2011 while stationers/office supply stores, media products stores, and other leisure and personal goods stores declined from 1% to 4%.
As with other specialist categories, mixed retailers and grocery retailers continue to challenge these retailers with their prices and convenience, although true enthusiasts will still find a broader, more varied selection at specialist stores. For sellers of office supplies and media products, the digitalisation of business and leisure activities has spelt
doom for many of the product categories sold at those stores.
Growth slowed slightly in 2012 compared with the previous two years but stayed higher than the review period average, which was brought down by declines during the recession. Mixed growth is expected to continue as the problems plaguing some categories of retailers are not likely to be resolved quickly and sales in the growing categories may not be enough to offset those declines.
- Retail sales at leisure and personal goods specialist retailers rise 1% in 2012 to reach US$154 billion
- Results at leisure and personal goods specialist retailers are mixed, with some categories growing moderately and others shrinking
- Toys R Us remains the leader in this category with a 5% value share in 2012, down slightly on the previous year
- Over the forecast period, constant value sales at leisure and personal goods specialist retailers are expected to fall 2% to reach US$151 billion
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