Annual Revenues in the Shoe Store Industry Reached $25 Billion.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c59232) has announced the addition of the First Research report: Shoe Stores - Industry Profile to their offering.

Covering over 175 industries and updated every 90 days, the First Research Industry Profiles

Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries.

The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process, deepen customer relationships and strengthen your own bottom line.

Topics Covered

Industry Overview

Quarterly Industry Update

Business Challenges

Trends AND Opportunities

Call Preparation Questions

Financial Information

Website and Media Links

Glossary of Acronyms

Summary

The shoe store industry includes about 30,000 stores with combined annual revenue of almost $25 billion. Major companies include Payless, Famous Footwear, Footlocker, and DSW (Designer Shoe Warehouse). Shoe manufacturers, such as Nike and Brown Shoe, also have retail operations. The industry is concentrated: the top 50 companies have about 80 percent of industry revenue.

COMPETITIVE LANDSCAPE

Fashion trends and personal income drive demand. The profitability of individual companies depends on effective merchandising and competitive pricing. Large companies have advantages in purchasing, distribution, and marketing. Small companies can compete effectively by stocking specialty products, providing superior customer service, or serving a local market. The industry is labor intensive: average annual revenue per worker is just over $100,000.

Shoe stores compete with department stores, mass merchandisers, apparel retailers, Internet retailers, and some shoe manufacturers.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products sold by shoe stores include women's casual and dress shoes (25 percent of industry revenue); men's athletic shoes (20 percent); men's casual and dress shoes (15 percent), and women's athletic shoes (10 percent). Other products include handbags, hosiery, and jewelry. Companies may specialize in mens, womens, childrens, or athletic shoes. Over half of all shoe retailers are family shoe stores, which offer merchandise for multiple targets.

Shoe stores include national and regional chains, franchises, and independent retailers. Superstores can range between 10,000 and 25,000 square feet; many chains between 1,500 and 3,000.

For more information visit http://www.researchandmarkets.com/reports/c59232