Department Stores in New Zealand - Market Research Report

Department Stores industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.6%

The Department Stores industry has grown steadily over the past five years. Positive consumer sentiment and increasing real household discretionary income have supported the industry over the period. However, growing competition among department stores, external players and online retailers has limited industry revenue. The entry of specialist international retailers such as H&M and Zara has further heightened competition in the market. Industry revenue is expected to grow by an annualised 2.0% over the five years through 2019-20, to reach $5.2 billion. A decline in the cash rate over the past five years has reduced debt repayments and given consumers more money to spend on discretionary purchases. Positive consumer sentiment has driven further grow...
lock
Purchase this report or a membership to unlock our full summary for this industry.

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.

Department store operators are anticipated to continue growing over the five years through XXX-XX, although the trading landscape is forecast to become extremely competitive. Industry competition is likely to limit growth in store numbers and reduce operators' profitability over the period. Projected growth in the number of international retailers entering the New Zealand market and the online space will drive this rising competition. Intense competition is also expected to limit industry revenue growth. As a result, industry revenue is anticipated to post modest annualised growth of X.X% over the five years through XXX-XX, to reach $X.X billion. Trading landscape While real household discretionary income is expected to increase over the five years...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Department Stores industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 306
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 19,880

Biggest companies in the Department Stores industry

The companies holding the largest market share in the Department Stores in New Zealand industry include Warehouse Group Limited, Farmers' Trading Company Limited and Coles Group New Zealand Holdings Limited.

  • pie_chart Warehouse Group Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Farmers' Trading Company Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.
  • pie_chart Coles Group New Zealand Holdings Limited Market Share: x.x%
    lock
    Purchase this report or a membership to unlock our full summary for this industry.

What is Department Stores industry?

Industry Definition

Department stores retail clothing, furniture, kitchenware, glassware, houseware, household appliances, soft goods, fabrics, perfumes, cosmetics and toiletries. These products are generally displayed and sold via separate instore departments. Merchandise is sourced from wholesalers and manufacturers and then sold to consumers via bricks-and-mortar stores or online sites operated by industry players. Purely online players are excluded from the industry.

Industry Products and Services

  • Clothing, footwear and personal accessories
  • Furniture, housewares and textile goods
  • Household appliances and consumer electronics
  • Perfumes, cosmetics and toiletries
  • Other products

Industry Activities

  • Department store operation
  • Clothing, footwear and accessories retailing
  • Furniture retailing
  • Kitchenware, glassware, houseware and household appliances retailing
  • Soft goods and fabric retailing
  • Perfumes, cosmetics and toiletries retailing

Market research report - table of contents

Industry Definition

Department stores retail clothing, furniture, kitchenware, glassware, houseware, household appliances, soft goods, fabrics, perfumes, cosmetics and toiletries. These products are generally displayed and sold via separate instore departments. Merchandise is sourced from wholesalers and manufacturers and then sold to consumers via bricks-and-mortar stores or online sites operated by industry players. Purely online players are excluded from the industry.

Main Activities

  • Department store operation
  • Clothing, footwear and accessories retailing
  • Furniture retailing
  • Kitchenware, glassware, houseware and household appliances retailing
  • Soft goods and fabric retailing
  • Perfumes, cosmetics and toiletries retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Trends in real household discretionary income influence demand for the products department stores sell. Consumers spend more on home discretionary purchas...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Real household discretionary income
Consumer sentiment index
Demand from online shopping
Demand from clothing, footwear and personal accessory retailing

Current Performance

Competition and profit
Industry structure
 Chart: Revenue Growth

Industry Outlook

Competition and profit
Industry structure
 Table: Department Stores in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

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

Supply Chain

Key Buying Industries

Consumers in New Zealand






Key Selling Industries

Textile Product Wholesaling in New Zealand
Furniture and Floor Covering Wholesaling in New Zealand
Household Appliance Wholesaling in New Zealand
Clothing and Footwear Wholesaling in New Zealand
Pharmaceutical and Toiletry Goods Wholesaling in New Zealand


Products & Services

Department stores retail a wide variety of consumer goods. Industry products can be segmented into five major groups: clothing; footwear and accessories; ...
People aged 55 and over
People aged 15 to 34




Demand Determinants

Demand for the industry's goods is influenced by a range of factors such as price, discretionary income, brand reputation, consumer sentiment, product ran...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

People aged 55 and over
People aged 15 to 34





 Chart: Major Market Segmentation for the Department Stores in New Zealand - 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 characterised by moderate market share concentration with the top four players accounting for an estimated 62.1% of reve...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

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

Basis of Competition

Internal competition
External competition

Barriers to Entry

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

Industry Globalization

The Warehouse Group Limited is a retail group based in New Zealand. The company owns and operates the discount department store chain The Warehouse. The c...
lock
Purchase this report or a membership to unlock the full analysis of the major players in this industry.

Warehouse Group

 Table: Warehouse Group - financial performance

Farmers

 Table: Farmers - financial performance

Kmart NZ

 Table: Kmart NZ - financial performance

Capital Intensity

The industry exhibits low capital intensity. In 2019-20, for every dollar spent on capital, an estimated $12.23 is spent on wages. Department store staff ...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Department Stores in New Zealand - 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 New Zealand Industry

Industry Revenue (2008-2026)
Industry Gross Product (2008-2026)
Establishments (2008-2026)
Businesses (2008-2026)
Employment (2008-2026)
Exports (2008-2026)
Imports (2008-2026)
Wages (2008-2026)
Domestic Demand (2008-2026)

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, %

ECOMMERCE

POINT OF SALE (POS)

RADIO FREQUENCY IDENTIFICATION (RFID)

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted

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?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Department Stores in New Zealand:

  • 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 New Zealand 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

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Department Stores in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear