Department Stores in Australia - Market Research Report

Department Stores industry trends (2014-2019)

poll Average industry growth 2014–2019: -0.2%

Operators in the Department Stores industry have struggled over the past five years due to a weak retail environment and largely negative consumer sentiment. Consumers have become increasingly price conscious and reluctant to spend their discretionary income, instead preferring to pay down debt and boost their savings. Industry revenue is expected to fall at an annualised 0.2% over the five years through 2018-19, to $18.8 billion. Uncertain economic conditions and intensifying external online competition are expected to contribute to a 0.5% decline in industry revenue over the current year. The Department Stores industry is highly concentrated, with the top four players expected to account for almost 95% of industry revenue in 2018-19. As market sha...
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Department Stores industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Department Stores industry's operating environment is forecast to remain difficult over the next five years. Although the projected improvements in overall economic conditions should encourage consumers to increase their discretionary expenditure, intensifying competition from both in the industry and from online stores and international retailers is likely to constrain revenue growth. The aggressive store expansion strategies of major international clothing labels such as H&M and Uniqlo are also likely to transform domestic clothing retailing, affecting the apparel and footwear sections of department stores. As a result, industry revenue is forecast to grow at a fairly subdued annualised X.X% over the five years through XXX-XX, to $XX.X billion....
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Department Stores industry statistics

  • attach_money Market Size: $19bn
  • business Number of Businesses: 894
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 82,084

Biggest companies in the Department Stores industry

The companies holding the largest market share in the Department Stores in Australia industry include Wesfarmers Limited, Woolworths Group Limited, Myer Holdings Limited and Osiris Holdings Pty Ltd.

  • pie_chart Wesfarmers Limited Market Share: x.x%
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  • pie_chart Woolworths Group Limited Market Share: x.x%
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  • pie_chart Myer Holdings Limited Market Share: x.x%
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  • pie_chart Osiris Holdings Pty Ltd Market Share: x.x%
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What is Department Stores industry?

Industry Definition

Department stores retail fabrics, soft goods, clothing, chinaware, glassware, housewares, perfumes, cosmetics, toiletries, furniture and household appliances. Goods are normally sold through separate instore departments. Department stores purchase products from wholesalers and manufacturers and onsell them to consumers, generally without changing the products. They also undertake activities like customer service, product merchandising, advertising, inventory control and cash handling.

Industry Products and Services

  • Clothing, footwear and accessories
  • Household appliances and consumer electronics
  • Furniture, housewares and textile goods
  • Cosmetics and toiletries
  • Toys and games
  • Books, magazines and other printed material
  • Other products

Industry Activities

  • Department store operation
  • Clothing, footwear and accessories retailing
  • Furniture retailing
  • Kitchenware, china, glassware and other housewares retailing
  • Textile goods retailing
  • Electrical, electronic and gas appliances retailing
  • Perfumes, cosmetics and toiletries retailing

Market research report - table of contents

Industry Definition

Department stores retail fabrics, soft goods, clothing, chinaware, glassware, housewares, perfumes, cosmetics, toiletries, furniture and household appliances. Goods are normally sold through separate instore departments. Department stores purchase products from wholesalers and manufacturers and onsell them to consumers, generally without changing the products. They also undertake activities like customer service, product merchandising, advertising, inventory control and cash handling.

Main Activities

  • Department store operation
  • Clothing, footwear and accessories retailing
  • Furniture retailing
  • Kitchenware, china, glassware and other housewares retailing
  • Textile goods retailing
  • Electrical, electronic and gas appliances retailing
  • Perfumes, cosmetics and toiletries retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

As consumers become more adept at using technology, traditional retailers will face increasing competition from online stores that provide the same produc...
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Demand from online shopping
Real household discretionary income
Consumer sentiment index
Demand from clothing, footwear and personal accessory retailing

Current Performance

Competition
Exclusive labels
 Chart: Revenue Growth

Industry Outlook

Profit and wages
Growing competition
 Table: Department Stores in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Department Stores in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in Australia






Key Selling Industries

Men's and Boys' Wear Manufacturing in Australia
Women's and Girls' Wear Manufacturing in Australia
Sleepwear, Underwear and Infant Clothing Manufacturing in Australia
Household Appliance Manufacturing in Australia
Wicker and Fibreglass Furniture Manufacturing in Australia
Clothing Wholesaling in Australia
Household Appliance Wholesaling in Australia
Furniture and Floor Covering Wholesaling in Australia

Products & Services

The Department Stores industry includes two distinct types of operators: up-market department stores and discount department stores, both of which sell a ...
People aged 15 to 34
People aged 55 and over




Demand Determinants

Demand for department store goods is influenced by a range of factors such as price, discretionary income, reputation, consumer sentiment, product range, ...
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Major Markets

People aged 15 to 34
People aged 55 and over





 Chart: Major Market Segmentation for the Department Stores in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Department Stores industry is highly concentrated, with the top four players accounting for almost 95% of industry revenue. Major players in the indus...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Department Stores in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Department Stores in Australia - Market Research Report Industry

Industry Globalization

Wesfarmers Limited began as a WA farmers' cooperative in 1914. Today the company owns and operates a portfolio of diversified businesses, including hotels...
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Wesfarmers

 Table: Wesfarmers - financial performance

Woolworths

 Table: Woolworths - financial performance

Myer

 Table: Myer - financial performance

David Jones

 Table: David Jones - financial performance

Capital Intensity

The Department Stores industry displays a moderate capital intensity. For every dollar spent on capital costs in 2018-19, the industry is expected to spen...
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 Chart: Level of Capital Intensity for the Department Stores in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Department Stores in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Department Stores industry?

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This report on Department Stores in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Department Stores in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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