NAICS Code 455110-04 - Merchandise Marts (Retail)

Marketing Level - NAICS 8-Digit

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NAICS CODE 455110-04
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NAICS Code 455110-04 Description (8-Digit)

Merchandise Marts (Retail) are large commercial buildings that house multiple vendors selling a variety of products to retailers and wholesalers. These marts are typically located in urban areas and offer a convenient one-stop-shop for buyers looking to purchase a range of products in bulk. The vendors within the merchandise marts are often specialized in a particular product category, such as home decor, fashion, or electronics. The marts provide a platform for these vendors to showcase their products to potential buyers and offer a centralized location for buyers to browse and purchase products.

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 Merchandise Marts (Retail) industry for day-to-day tasks and operations.

  • Point of Sale (POS) systems
  • Inventory management software
  • Barcode scanners
  • Cash registers
  • Pricing guns
  • Shopping carts and baskets
  • Display racks and shelves
  • Security cameras and alarms
  • Handheld radios or headsets for communication
  • Forklifts and pallet jacks for moving large items

Industry Examples of Merchandise Marts (Retail)

Common products and services typical of NAICS Code 455110-04, illustrating the main business activities and contributions to the market.

  • Home decor
  • Fashion accessories
  • Electronics
  • Toys and games
  • Pet supplies
  • Office supplies
  • Beauty and personal care products
  • Sporting goods
  • Party supplies
  • Arts and crafts supplies

History

A concise historical narrative of NAICS Code 455110-04 covering global milestones and recent developments within the United States.

  • The Merchandise Marts (Retail) industry has a long history dating back to the 19th century when the first merchandise marts were established in Europe. The first merchandise mart in the United States was established in Chicago in 1931, and it quickly became a hub for wholesale trade. The concept of merchandise marts was revolutionary at the time, as it allowed retailers to purchase a wide range of products from different manufacturers in one location. This made the purchasing process more efficient and cost-effective. In recent years, the industry has seen significant changes due to the rise of e-commerce and the decline of traditional brick-and-mortar retail. However, merchandise marts have adapted to these changes by incorporating technology and offering a more personalized shopping experience.