Global Off Price Retail Market Overview:
Off-price retailers are retailers who provide high-quality goods at cheap prices. They usually sell second-hand goods, off-the-season items, etc. These retailers offer an inconsistent assortment of brand names and fashion-oriented soft goods at low prices. They buy manufacturer irregulars, seconds, closeouts, canceled orders, overruns, goods returned by other retailers, and end-of-season closeout merchandise.
- Consumers' Increased Price Sensitivity
- Insulation from E-commerce
- Off-price Companies Depend on Manufacturing Mistakes for their Product Supply
- Off-Price Retailers have the Opportunity to Expand their Brand Partnerships
- Rising Demand from the Developing Economies
There are various companies are operating in this market, are exploring new regions by adopting various mergers & acquisitions, expansions, investments, new products, and collaborations as their market growth strategies. There are various growth players are exploring in new areas through the expansions and acquisitions across the globe to benefit competitive advantage through integrated synergies.
Some of the key players profiled in the report are Kohl's (United States), Ross Stores (United States), CVS Health (United States), Marshalls (United States), Target Corporation (United States), Burlington Coat Factory (United States), DollarTree (United States), Stein Mart (United States), Aldi Einkauf (Germany), Carrefour (France), Home Depot (United States) and TJX Companies (United States). Additionally, following companies can also be profiled that are part of our coverage like Schwarz Unternehmens Treuhand KG (Germany), Kroger (United States), J. C. Penney (United States) and Walmart (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Off Price Retail market by 2026.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Off Price Retail market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Off Price Retail market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.