Department Stores Industry Overview

Companies that operate department store chains.

Summary

Many great names in American department store retailing are disappearing faster than you can say Macy’s. The 100-year-old Marshall Field's chain -- now a division of Macy's Inc. -- is the latest casualty and underscores the sad fact that the era of the regional department store is over.

Full Department Stores Industry Description

Off-Mall Locations

As traditional shopping malls draw less traffic, companies are looking to off-mall locations to expand. Between the early 1990s and mid-2000s, the average number of shopping mall visits decreased 50 percent, according to the US Department of Commerce. Off-mall sites can be more convenient than regular malls, expand the list of potential store locations, and allow companies to enter smaller markets. The growing popularity of open-air malls has also attracted many department stores.

Full Department Stores Industry Trends

• El Corte Inglés, S.A.
• Sears, Roebuck and Co.
• Arcandor AG

View more Department Stores Competitors

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Department Stores maps to a number of NAICS codes including:

Full Department Stores Industry Codes

• National Retail Federation
  

View more Department Stores Industry Associations