Industry Analysis & Industry Trends
The Bread and Cake Retailing industry has performed modestly over the past five years, with revenue fluctuating. Disposable incomes and consumer sentiment influence consumer spending on bread and cake products, which in turn affects industry revenue. Fluctuations in consumer sentiment and disposable income have altered consumer spending patterns over the past five years, influencing variable trends in industry revenue. For example, positive consumer sentiment combined with modest disposable income growth boosted revenue in 2012-13. Industry revenue is estimated to increase at an annualised 1.4% over the five years through 2016-17, to total $752.3 million. This includes a forecast decline of 0.2% in 2016-17... purchase to read more
Industry Report - Industry Investment Chapter
The industry is moderately capital-intensive. For every dollar spent on capital, an estimated $6.95 is spent on wages. Capital expenses for industry operators include refrigerators, freezers, food warmers and display cabinets. Aside from initial capital expenditure and replacement of old or faulty equipment, operators do not need to continuously outlay funds for capital. Furthermore, operators are able to minimise capital costs by leasing equipment rather than purchasing it. Consequently, the industry is highly labour-intensive.
Operators need to employ service staff to assist customers with their purchases and provide advice regarding ingredients and dietary issues... purchase to read more