NAICS Code 455110-01 - Department Stores (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 455110-01 Description (8-Digit)

Department Stores (Retail) are large retail establishments that offer a wide range of consumer goods such as clothing, footwear, home appliances, furniture, and electronics. These stores are typically located in shopping malls or other high-traffic areas and are known for their extensive product selection and competitive pricing. Department stores often have multiple departments within the store, each specializing in a particular category of products. These stores may also offer additional services such as personal shopping, alterations, and gift wrapping.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 455110 page

Tools

Tools commonly used in the Department Stores (Retail) industry for day-to-day tasks and operations.

  • Point of Sale (POS) systems
  • Inventory management software
  • Customer relationship management (CRM) software
  • Electronic shelf labels
  • RFID technology for tracking inventory
  • Mobile devices for employees to check inventory and prices
  • Security cameras and theft prevention systems
  • Digital signage for advertising and promotions
  • Electronic payment systems
  • Price optimization software

Industry Examples of Department Stores (Retail)

Common products and services typical of NAICS Code 455110-01, illustrating the main business activities and contributions to the market.

  • Clothing and apparel
  • Home appliances and electronics
  • Furniture and home decor
  • Beauty and personal care products
  • Toys and games
  • Sporting goods
  • Jewelry and accessories
  • Stationery and office supplies
  • Pet supplies
  • Luggage and travel accessories

History

A concise historical narrative of NAICS Code 455110-01 covering global milestones and recent developments within the United States.

  • The Department Stores (Retail) industry has a long and rich history dating back to the 19th century. The first department store, Bon Marché, was opened in Paris in 1852, and it quickly became a model for other department stores around the world. In the United States, the first department store was opened by Alexander Turney Stewart in 1823 in New York City. The department store concept quickly caught on, and by the turn of the 20th century, there were dozens of department stores in major cities across the United States. In the 20th century, department stores continued to evolve, with the introduction of new technologies like escalators and air conditioning, and the expansion of product offerings to include everything from clothing to home goods to electronics. In recent history, the Department Stores (Retail) industry in the United States has faced significant challenges. The rise of e-commerce has led to declining foot traffic in brick-and-mortar stores, and many department stores have struggled to adapt to the changing retail landscape. In addition, the COVID-19 pandemic has had a major impact on the industry, with many stores forced to close temporarily and consumers shifting their spending to essential items. Despite these challenges, some department stores have been able to adapt and thrive by investing in e-commerce and omnichannel capabilities, and by focusing on experiential retail and unique in-store experiences.