Industry Analysis & Industry Trends
The Houseware Retailing industry sells a range of products including tableware, cooking utensils, bakeware and knives. As part of the Australian furniture, houseware and appliance retailing market, the industry faces competition from other stores that sell housewares, such as department stores and supermarkets. The industry is in the mature stage of its life cycle, as a high proportion of houseware products are well defined and technological advancements within each product segment are minimal. Most operators have a well-established market position with many players now expanding into niche segments within the industry. IBISWorld estimates that the Houseware Retailing industry accounts for 35.0% to 45.0%... purchase to read more
Industry Report - Industry Investment Chapter
Retail industries are typically labour intensive. Businesses in this sector require staff to provide high levels of customer service, merchandising and sales processing. Approximately 60.0% of the workforce in retail industries are female and over 45.0% of the jobs are either casual or part-time. The casualisation of the workforce came as trading hours increased over the past decade. Employers have continued to favour casual workers due to their flexibility and lower cost, while many workers favour casual hours to suit their lifestyle.
Within the Houseware Retailing industry, $13.34 is allocated toward labour costs through wages for every dollar absorbed by capital requirements. This is classed a low level of capital intensity... purchase to read more