What is the Hiking and Outdoor Equipment Stores industry?
The Hiking and Outdoor Equipment Stores industry exhibits a low level of capital intensity. This is characteristic of retail industries due to a strong dependency on employees to generate sales and operate the store, as opposed to machinery or other fixed capital assets for manufacturing industries. In 2015-16, IBISWorld estimates that for every dollar spent on wages, only $0.12 is required as a capital investment. Over the past five years, depreciation costs have increased marginally to reflect developments in point-of-sale computer systems and automated inventory management systems used to streamline store operations. In coming years, industry operators are expected to increasingly adopt new sales technology... purchase to read more