NAICS Code 455211-01 - Wholesale Clubs (Retail)
Marketing Level - NAICS 8-DigitUse Data For:
- Direct Mailing
- Emailing
- Calling
- Research
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Total Companies
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NAICS Code 455211-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 455211-01
Parent Code (less specific)
Tools
Tools commonly used in the Wholesale Clubs (Retail) industry for day-to-day tasks and operations.
- Pallet jacks
- Forklifts
- Conveyor belts
- Handheld scanners
- Automated inventory management systems
- Point-of-sale systems
- Barcode scanners
- Cash registers
- Security cameras
- Shopping carts
Industry Examples of Wholesale Clubs (Retail)
Common products and services typical of NAICS Code 455211-01, illustrating the main business activities and contributions to the market.
- Costco
- Sam's Club
- BJ's Wholesale Club
- Boxed
- GFS Marketplace
- Smart & Final
- Cash & Carry
- Restaurant Depot
- Makro
- Metro Cash & Carry
Certifications, Compliance and Licenses for NAICS Code 455211-01 - Wholesale Clubs (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Occupational Safety and Health Administration (OSHA) Certification: Required for employees who work with hazardous materials or in hazardous environments. The certification is provided by the US Department of Labor.
- Food and Drug Administration (FDA) Certification: Required for businesses that sell food products. The certification is provided by the US Department of Health and Human Services.
- Alcohol and Tobacco Tax and Trade Bureau (TTB) Permit: Required for businesses that sell alcohol and tobacco products. The permit is provided by the US Department of the Treasury.
- Environmental Protection Agency (EPA) Certification: Required for businesses that handle hazardous waste. The certification is provided by the US Environmental Protection Agency.
- National Institute for Occupational Safety and Health (NIOSH) Certification: Required for businesses that manufacture or handle hazardous materials. The certification is provided by the Centers for Disease Control and Prevention.
History
A concise historical narrative of NAICS Code 455211-01 covering global milestones and recent developments within the United States.
- Wholesale Clubs (Retail) have a long history dating back to the early 20th century. The first wholesale club was founded in 1936 in Oklahoma by Sol Price, who later went on to found Price Club in 1976. In 1983, Sam Walton, the founder of Walmart, opened the first Sam's Club, which became a major competitor to Price Club. In the 1990s, the industry saw significant growth, with the introduction of new players such as Costco and BJ's Wholesale Club. In recent years, the industry has continued to evolve, with the rise of e-commerce and the increasing popularity of online shopping. In the United States, the industry has seen a shift towards more sustainable and eco-friendly practices, with many wholesale clubs offering organic and locally sourced products.
Future Outlook for Wholesale Clubs (Retail)
The anticipated future trajectory of the NAICS 455211-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Wholesale Clubs (Retail) industry in the USA is expected to continue its growth trajectory in the coming years. The industry is expected to benefit from the increasing demand for bulk products and the convenience of one-stop shopping. The industry is also expected to benefit from the increasing popularity of online shopping, which is expected to drive growth in the e-commerce segment of the industry. However, the industry is also expected to face challenges such as increasing competition from other retailers and rising labor costs. Overall, the industry is expected to continue its growth trend in the coming years, albeit at a slower pace than in the past.
Industry Innovations for NAICS Code 455211-01
Recent groundbreaking advancements and milestones in the Wholesale Clubs (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Scan & Go: This technology allows customers to scan items with their smartphones as they shop and pay for them without having to go through a checkout line.
- Curbside Pickup: This service allows customers to order products online and pick them up at the store without having to leave their cars.
- Same-Day Delivery: Some wholesale clubs now offer same-day delivery of products ordered online.
- Mobile Apps: Wholesale clubs have developed mobile apps that allow customers to shop, view deals, and manage their accounts from their smartphones.
- Expanded Product Lines: Wholesale clubs have expanded their product lines to include more organic and natural products, as well as more premium brands.
NAICS Code 455211-01 - Wholesale Clubs (Retail)
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