James Martin http://www.retale.com 2m 622 #retailstores
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
If The U.S. Had Only 100 Retail Stores
Ever wondered what the retail landscape of America looks like on a simplified scale? Retale’s recent study uses various data sets to form an interactive depiction of what the U.S. retail sector would look like if it were made up of only 100 stores, 100 workers, and $100 worth of sales.
Scroll down the page to reveal the break-downs of America’s retail sector in a digestible format.
If a consumer has a food budget of $100, $23 will go on buying processed food & sweets, which is more than is spent on any other food items.
If there were only 100 food stores in the U.S. 61 of them would be convenience stores.
For an interactive version of this infographic, visit: http://www.retale.com/info/100-stores/
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Text-Friendly Version
100 Retail Stores
Out of 100 employees, how many work in retail?
With a 14% share of the U.S. economy, retail is the biggest industry after education and health services.
14% – Retail
86% – Other
What is the gender makeup of the retail industry?
The gender-split is quite equal compared to many other industries, but still slightly less than the national average (46.80%).
55% – Men
45% – Women
How are age groups dispersed among the retail workforce?
The retail workforce is dominated by millennials with nearly ⅔ below the age of 44 and another 29% younger than 24.
29% – 16 to 24
35% – 25 to 44
29% – 45 to 64
7% – 65+
How would 100 employees be distributed across retail sectors?
Perhaps unsurprisingly, people are employed where the produce demand seems to be the highest and where the product life-cycle is sometimes lower.
20% – General Merchandise
20% – Food & Beverage
18% – Auto Dealers & Gas Stations
9% – Apparel & Accessories
8% – Building Materials & Hardware
6% – Pharmacy / Drug Stores
6% – Home Furnishing & Equipment
13% – Others
How would every $100 be spent?
Turns out not even life essentials can compete with that new-jeans feeling. We spend twice as much on apparel as we do on food—and seven times more on our appearance than on furnishing our home.
28% – Auto Dealers & Gas Stations
20% – Apparel & Accessories
12% – General Merchandise
12% – Food & Beverage
6% – Building Materials & Hardware
6% – Pharmacy / Drug Stores
4% – Home Furnishings & Equipment
12% – Other
What’s the distribution of store sizes like?
We’re still in hot pursuit of the American Dream: A solid 50% of stores are mom-and-pop enterprises – those with fewer than 10 employees.
50% – up to 10 employees
15% – 10-100 employees
35% – 100 or more employees
What’s the breakdown of food store options?
Slurpees for breakfast? To be fair, 81% of those convenience stores have gas stations. Only 19% are standalone food marts.
61% – Convenience Stores
10% – Traditional Supermarkets
9% – Drug Stores
2% – Supercenter
1% – Whole Sale
17% – Other
Where do we choose to spend $100 on groceries?
Despite the abundance of convenience stores, America mostly heads to traditional neighborhood grocery stores for most of its food.
39% – Traditional Supermarkets
18% – Supercenter
15% – Convenience Stores
9% – Whole Sale
5% – Drug Stores
14% – Other
What types of foods are we buying with $100?
Keeping in step with America’s growing obesity problem – our demand for processed foods has increased since 1982, while the cost of these foods have become cheaper and cheaper.
23% – Processed Food & Sweets
22% – Meats
15% – Fruits & Vegetables
14% – Grains & Baked Goods
11% – Beverages
10% – Dairy Products
5% – Other Foods
Out of 100 in-store purchases, how are we paying?
Convenience is still king – Americans swipe or tap debit or credit cards to make most purchases. Perhaps surprisingly, mobile payments still struggle to take hold, despite initial hype.
63% – Credit / Debit Cards
26% – Cash
7% – Alternative Payments
4% – Mobile Wallets
Source: http://www.retale.com/info/100-stores/
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