NAICS Code 455110-05 - Resident Buyers (Retail)

Marketing Level - NAICS 8-Digit

Business Lists and Databases Available for Marketing and Research

Total Verified Companies: 5
Contact Emails: 1
Company Websites: 5
Phone Numbers: 5
Business Addresses: 5
Companies with Email: 4
Get Business List
NAICS CODE 455110-05
Reach new customers, connect with decision makers, and grow your business.
Pricing from $0.05 to $0.25 per lead
Ideal for: Direct Mailing Email Campaigns Calling Market Research ‐ Free Sample & Report, Custom Lists, and Expert Support — All Included
Looking for more companies? See NAICS 455110 - Department Stores - 20,014 companies, 592,608 emails.

NAICS Code 455110-05 Description (8-Digit)

Resident Buyers (Retail) is a subdivision of the Department Stores (Retail) industry that involves the procurement of merchandise for a specific store or chain of stores. Resident buyers are responsible for selecting and purchasing products that will be sold in their respective stores. They work closely with suppliers and manufacturers to negotiate prices, quantities, and delivery schedules. Resident buyers must have a deep understanding of their target market and stay up-to-date with the latest trends and consumer preferences to ensure that their stores remain competitive.

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 Resident Buyers (Retail) industry for day-to-day tasks and operations.

  • Inventory management software
  • Point-of-sale (POS) systems
  • Customer relationship management (CRM) software
  • Data analytics tools
  • Merchandising software
  • Electronic data interchange (EDI) systems
  • Supply chain management software
  • Forecasting tools
  • Product lifecycle management (PLM) software
  • Social media monitoring tools

Industry Examples of Resident Buyers (Retail)

Common products and services typical of NAICS Code 455110-05, illustrating the main business activities and contributions to the market.

  • Clothing and apparel
  • Home goods and decor
  • Electronics and appliances
  • Toys and games
  • Beauty and personal care
  • Sporting goods
  • Furniture and furnishings
  • Jewelry and accessories
  • Pet supplies
  • Office supplies

History

A concise historical narrative of NAICS Code 455110-05 covering global milestones and recent developments within the United States.

  • The Resident Buyers (Retail) industry has a long history dating back to the early 20th century when department stores began hiring buyers to purchase merchandise for their stores. These buyers were responsible for selecting products that would appeal to their customers and negotiating prices with suppliers. In the United States, the industry experienced significant growth in the 1950s and 1960s as suburbanization led to the development of shopping malls and the rise of chain stores. In recent years, the industry has faced challenges due to the growth of e-commerce and changing consumer preferences. However, some retailers have adapted by offering personalized services and unique in-store experiences to attract customers.