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Companies in the Retail Trade sector engage in selling merchandize in small quantities to the general public, and in services relating to sales activities. Most retailing is conducted by department stores and general merchandizers. Department stores include full-line department stores and specialty department stores, such as Federated Department Stores, J.C. Penney, Nordstrom, Saks, and Sears.
General merchandizers are high-volume stores that carry a broad assortment of merchandise. Much of this portion is further segmented into discounters and supercenters, and include Wal-mart, Target, Kmart , Sam's Club (a division of Wal-Mart) and Costco.
Additionally, the Retail Trade sector includes companies engaged in electronic, mail-order, vending, and direct to consumer sales.
Merchandize lines are categorized as soft goods, which are generally comprised of clothing, and hard goods, which include all other products, including seasonal non-clothing items.
Retailing is the final distribution channel for consumer goods. Companies often use sophisticated information systems to gather consumer behavior data, acquire merchandise, and manage inventory.
| Code | NAICS Sector ( WHAT is NAICS? ) |
| 44-45 | Retail Trade |
| 441 | Motor Vehicle and Parts Dealers [link to related Industry Guide] |
| 442 | Furniture and Home Furnishings Stores |
| 443 | Electronics and Appliance Stores |
| 444 | Building Material and Garden Equipment and Supplies Dealers |
| 445 | Food and Beverage Stores [link to related Industry Guide |
| 446 | Health and Personal Care Stores |
| 448 | Clothing and Clothing Accessories Stores [link to related Industry Guide] |
| 451 | Sporting Goods, Hobby, Book, and Music Stores |
| 452 | General Merchandise Stores |
| 453 | Miscellaneous Store Retailers |
| 454 | Nonstore Retailers |
Databases for Industry Research
Standard & Poor's NetAdvantage
ABI/Inform (via ProQuest)
For additional database choices, see:
Industry Data
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Bureau of Economic Analysis / U.S. Dept of Commerce
Bureau of Labor Statistics / U.S. Dept of Labor
Business Cycle Indicators (U.S. Data) / The Conference Board
Census Bureau / U.S. Dept of Commerce
Federal Reserve Discount Window / Federal Open Market Committee
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"Beige Book" Summary of Commentary on Current Economic Conditions / Federal Reserve Board
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Eurostat (European Union)
Foreign Trade Statistics (U.S. Census Bureau)
International Trade Statistics Yearbook
International Trade Statistics (World Trade Organization)
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National Retail Federation - "The Voice of Retail Worldwide"
SourceOECD (Organisation for Economic Co-operation and Development)
UN Comtrade (United Nations Commodity Trade Statistics Database)
World Development Indicators (World Bank)
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Lexis/Nexis Corporate Affiliations
Business Library, Reference: HG4057.A219
Ward’s Business Directory of U.S. Private and Public Companies
Business Library, Reference: HG4057.A56
Library Collections
Industry Research Using the Economic Census : How to Find It, How to Use It / Boettcher, Jennifer C.
Business Library, Reference: HC101.B594
Logistics and Retail Management : Insights into Current Practice and Trends from Leading Experts / 2nd ed., Fernie, John.
Business Library: HD38.5.L614
Wal-Mart Stores, Inc. and Carrefour, S.A. : a competitive analysis of the global retail industry
Social Sciences Library: Thesis 2003sFee,MS
Retail trade
3rd Floor Paterno: HF5428-5429.6
Shopping centers and malls
3rd Floor Paterno: HF5429.7-5430.6
Purchasing, selling , sales personnel, sales
executives
3rd Floor Paterno: HF5437-5444
Canvassing and peddling (direct sales)
3rd Floor Paterno: HF5446-5459
Department stores, mail order business, supermarkets, and convenience stores
3rd Floor Paterno: HF5460-5469.5
Markets and fairs
3rd Floor Paterno: HF5469.7-5481
National Retail Federation Inc.
Retail Industry Leaders Association - includes links to state retail associations
Career Guide to Industries / Bureau of Labor Statistics
Career Opportunities in the Retail and Wholesale Industry
Business Library, Reference: HF5429.F434 2001
NRF Foundation Retail Careers & Advancement
Occupational Outlook Handbook / Bureau of Labor Statistics
WetFeet.com - "Helping you make smarter career decisions"
Vault Online Career Library (Currently, Vault Guides are facing problems opening in Adobe Reader 8.x. Please see here for using FREE Adobe Digital Editions to access these guides)
Career Guide to Industries (Bureau of Labor Statistics)
Business Library, Reference: HF5382.5.U5 C3162
Occupational Outlook Handbook (Bureau of Labor Statistics)
CAT record for print copies
Business Library, Reference: HD8051.A623
Economics Department | School of Hospitality Management | Department of Recreation, Park & Tourism Management | The Smeal College of Business | Text-only Version
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U.Ed.LIB 04-67