NAICS Code 455219-93 - Miscellaneous Retail Stores NEC
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NAICS Code 455219-93 Description (8-Digit)
Hierarchy Navigation for NAICS Code 455219-93
Parent Code (less specific)
Tools
Tools commonly used in the Miscellaneous Retail Stores NEC industry for day-to-day tasks and operations.
- Point of Sale (POS) systems
- Barcode scanners
- Cash registers
- Inventory management software
- Customer relationship management (CRM) software
- E-commerce platforms
- Social media management tools
- Email marketing software
- Shipping and logistics software
- Security cameras
Industry Examples of Miscellaneous Retail Stores NEC
Common products and services typical of NAICS Code 455219-93, illustrating the main business activities and contributions to the market.
- Party supplies
- Pet products
- Kitchenware
- Sporting goods
- Toys
- Office supplies
- Craft supplies
- School supplies
- Greeting cards
- Gift wrap and bags
- Novelties
- Collectibles
- Souvenirs
- Travel accessories
- Luggage
- Umbrellas
- Sunglasses
- Costume jewelry
- Hair accessories
- Cosmetics
Certifications, Compliance and Licenses for NAICS Code 455219-93 - Miscellaneous Retail Stores NEC
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides this certification.
- Food Handler Certification: This certification is required for employees who handle food in retail stores. The National Registry of Food Safety Professionals provides this certification.
- OSHA 10-Hour General Industry Certification: This certification is required for employees who work in general industry. The Occupational Safety and Health Administration (OSHA) provides this certification.
- Retail Management Certification: This certification is designed for retail managers and covers topics such as customer service, inventory management, and sales. The National Retail Federation provides this certification.
- Certified Retail Sales Professional (CRSP): This certification is designed for retail sales associates and covers topics such as customer service, sales techniques, and product knowledge. The National Retail Federation provides this certification.
History
A concise historical narrative of NAICS Code 455219-93 covering global milestones and recent developments within the United States.
- The Miscellaneous Retail Stores NEC industry has a long history dating back to the early 20th century. The industry started with small independent stores that sold a variety of products, including hardware, housewares, and clothing. In the 1950s and 1960s, the industry saw significant growth due to the post-war economic boom. During this time, many new stores opened, and existing stores expanded their product lines. In the 1980s and 1990s, the industry faced increased competition from big-box retailers, which led to the closure of many small independent stores. However, the industry has remained resilient, and many stores have adapted to changing consumer preferences by offering unique and niche products. In recent history, the Miscellaneous Retail Stores NEC industry in the United States has faced significant challenges due to the COVID-19 pandemic. Many stores were forced to close temporarily, and those that remained open faced reduced foot traffic and sales. However, the industry has shown resilience and adaptability by shifting to online sales and curbside pickup options. Despite the challenges, the industry has continued to provide consumers with a wide range of unique and niche products.
Future Outlook for Miscellaneous Retail Stores NEC
The anticipated future trajectory of the NAICS 455219-93 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 Miscellaneous Retail Stores NEC industry in the USA is expected to experience growth in the coming years. The industry is expected to benefit from the increasing disposable income of consumers, which will lead to higher spending on discretionary items. Additionally, the industry is expected to benefit from the growing trend of experiential retail, where retailers offer unique experiences to customers to attract foot traffic. However, the industry is also expected to face challenges such as increasing competition from online retailers and changing consumer preferences. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 455219-93
Recent groundbreaking advancements and milestones in the Miscellaneous Retail Stores NEC industry, reflecting notable innovations that have reshaped its landscape.
- Augmented Reality Technology: Some retailers in the Miscellaneous Retail Stores NEC industry are using augmented reality technology to enhance the shopping experience for customers. This technology allows customers to virtually try on products before making a purchase, which can increase customer satisfaction and reduce returns.
- Personalization: Many retailers are using data analytics to personalize the shopping experience for customers. By analyzing customer data, retailers can offer personalized recommendations and promotions, which can increase customer loyalty and sales.
- Social Media Marketing: Retailers are increasingly using social media platforms to market their products and engage with customers. Social media platforms such as Instagram and Facebook allow retailers to showcase their products and interact with customers in real-time.
- Sustainability: Many retailers are adopting sustainable practices such as using eco-friendly packaging and reducing waste. This trend is driven by increasing consumer awareness of environmental issues and the desire to support environmentally responsible companies.
- Contactless Payment: In response to the COVID-19 pandemic, many retailers are adopting contactless payment options such as mobile payments and digital wallets. This trend is expected to continue even after the pandemic, as consumers increasingly prefer contactless payment options.
NAICS Code 455219-93 - Miscellaneous Retail Stores NEC
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