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Retail: Clothing, Shoes, Accessories Franchises
The U.S. clothing stores industry includes over 100,000 businesses with combined annual revenue of approximately $150 billion. Franchises include TJ Maxx, Marshalls, Gap and Ross.
The profitability of individual companies depends heavily on effective merchandising and marketing. Competition for the clothing store industry includes department stores, discount stores, and Internet and catalog retailers.
The clothing retail industry includes stores specializing in family clothing (50 percent of industry sales); women's clothing (25 percent); or men's clothing (6 percent). Stores may also specialize in children's clothing or accessories. Children's clothing stores include infant wear. Accessory stores may specialize in hats or caps, costume jewelry, gloves, handbags, ties, wigs, or belts. Within their specialty, stores typically sell a full range of items including clothing, outerwear, and underwear. Many clothing stores also sell shoes and accessories.
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