Use Data For:

  • Direct Mailing
  • Emailing
  • Calling
  • Research

Includes Free Sample & Industry Report

Total Companies

75

100% Phone-Verified, NCOA Processed, Accurate Data

NAICS Code 458110-11 Description (8-Digit)

Shirts (Retail) is a subdivision of the Clothing and Clothing Accessories Retailers industry. This industry involves the retail sale of shirts for men, women, and children. Shirts are a type of clothing that covers the upper body and typically has a collar, sleeves, and buttons down the front. Shirts can be made from a variety of materials, including cotton, silk, and polyester, and can come in a range of styles, such as dress shirts, casual shirts, and t-shirts. Shirts (Retail) stores may also sell accessories such as ties, cufflinks, and pocket squares.

Hierarchy Navigation for NAICS Code 458110-11

Tools

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

  • Point of sale (POS) system
  • Barcode scanner
  • Inventory management software
  • Tagging gun
  • Clothing racks
  • Hangers
  • Folding tables
  • Steam iron
  • Sewing machine
  • Tailor's chalk
  • Measuring tape
  • Scissors
  • Fabric cutter
  • Needle and thread
  • Ironing board
  • Pricing gun
  • Security tags
  • Cash register
  • Credit card machine
  • Shopping bags

Industry Examples of Shirts (Retail)

Common products and services typical of NAICS Code 458110-11, illustrating the main business activities and contributions to the market.

  • Dress shirts
  • Casual shirts
  • T-shirts
  • Polo shirts
  • Button-up shirts
  • Flannel shirts
  • Hawaiian shirts
  • Denim shirts
  • Oxford shirts
  • Henley shirts
  • Chambray shirts
  • Plaid shirts
  • Striped shirts
  • Graphic tees
  • Tank tops
  • Long-sleeve shirts
  • Short-sleeve shirts
  • Poplin shirts
  • Linen shirts
  • Popover shirts

Certifications, Compliance and Licenses for NAICS Code 458110-11 - Shirts (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Fair Trade Certified: This certification ensures that the products are ethically sourced and produced, and that the workers involved in the production process are treated fairly. The certification is provided by Fair Trade USA.
  • Global Organic Textile Standard (GOTS): This certification ensures that the products are made from organic fibers and that the production process meets environmental and social criteria. The certification is provided by the International Working Group on Global Organic Textile Standard.
  • OEKO-TEX Standard 100: This certification ensures that the products are free from harmful substances and that the production process meets environmental and social criteria. The certification is provided by the International Association for Research and Testing in the Field of Textile Ecology.
  • WRAP Certification: This certification ensures that the products are produced in a socially responsible manner and that the production process meets environmental and ethical standards. The certification is provided by Worldwide Responsible Accredited Production.
  • Bluesign Certification: This certification ensures that the products are made with sustainable materials and that the production process meets environmental and social criteria. The certification is provided by Bluesign Technologies.

History

A concise historical narrative of NAICS Code 458110-11 covering global milestones and recent developments within the United States.

  • The history of the "Shirts (Retail)" industry dates back to the 19th century when the first ready-to-wear shirts were introduced. In the early 1900s, the industry saw a significant shift towards mass production, with the introduction of assembly line techniques. The 1950s saw the emergence of the casual shirt, which became a popular fashion item. In the 1980s, the industry saw a rise in designer shirts, which were sold at premium prices. In recent years, the industry has been impacted by the rise of e-commerce, with many retailers shifting their focus towards online sales. In the United States, the industry has seen a steady growth in recent years, with an increasing demand for sustainable and ethically produced shirts.

Future Outlook for Shirts (Retail)

The anticipated future trajectory of the NAICS 458110-11 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Shirts (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for shirts from consumers. The rise in disposable income and the growing fashion consciousness among consumers are some of the factors that are expected to drive the growth of the industry. The industry is also expected to benefit from the increasing popularity of online shopping, which is expected to boost sales. However, the industry may face challenges such as increasing competition from other retailers and changing consumer preferences. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 458110-11

Recent groundbreaking advancements and milestones in the Shirts (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Shirts: These are shirts that are embedded with sensors that can track various health metrics such as heart rate, breathing rate, and body temperature. They can also track the wearer's activity levels and provide feedback on how to improve their health. [source: ]
  • Sustainable Shirts: Many retailers are now offering shirts made from sustainable materials such as organic cotton, bamboo, and recycled polyester. These shirts are eco-friendly and appeal to consumers who are concerned about the environment. [source: ]
  • Customized Shirts: Some retailers are now offering customized shirts that are tailored to the customer's exact measurements. This allows customers to get a perfect fit and ensures that the shirt is comfortable to wear. [source: ]
  • Virtual Try-On: Some retailers are now offering virtual try-on services that allow customers to see how a shirt will look on them before they buy it. This can help reduce returns and improve customer satisfaction. [source:]
  • Contactless Payments: Many retailers are now offering contactless payment options such as Apple Pay and Google Wallet. This allows customers to pay for their shirts without having to touch a payment terminal, which can help reduce the spread of germs. [source: ]

Required Materials or Services for Shirts (Retail)

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Shirts (Retail) industry. It highlights the primary inputs that Shirts (Retail) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Buttons: Essential fasteners for shirts, buttons come in various materials and styles, allowing for functional and aesthetic customization of shirt designs.

Cotton Fabric: A widely used material in shirt production, cotton fabric is valued for its breathability, softness, and comfort, making it ideal for casual and formal shirts alike.

Embellishments: Items such as embroidery or patches that can be added to shirts, embellishments allow for personalization and unique designs that appeal to customers.

Fusible Interfacing: This material is used to reinforce shirt collars and cuffs, providing structure and durability to enhance the overall quality of the garment.

Labels and Tags: These are important for branding and providing care instructions, labels and tags enhance the overall presentation of shirts in retail.

Packaging Materials: Quality packaging materials are necessary for presenting shirts attractively and protecting them during transportation to customers.

Polyester Fabric: This synthetic fabric is often blended with cotton to enhance durability and wrinkle resistance, making it a popular choice for shirts that require easy maintenance.

Silk Fabric: Silk is a luxurious material known for its smooth texture and sheen, often used in high-end shirts to provide a sophisticated look and feel.

Thread: High-quality thread is crucial for stitching shirts together, ensuring durability and the ability to withstand regular wear and washing.

Zippers: Used in some shirt styles, zippers provide a modern alternative to buttons, offering ease of wear and a sleek appearance.

Equipment

Display Racks: Used to showcase shirts in an appealing manner, display racks are essential for attracting customers and promoting sales in retail environments.

Fabric Cutters: Essential for cutting fabric accurately, fabric cutters streamline the production process and ensure consistency in shirt sizes and patterns.

Ironing Equipment: Used to press shirts and remove wrinkles, ironing equipment is essential for maintaining a polished appearance in retail displays.

Point of Sale Systems: These systems are crucial for processing transactions efficiently, managing inventory, and providing customer service in retail environments.

Sewing Machines: These machines are vital for efficiently stitching shirts, allowing for precise and consistent construction of garments in retail settings.

Service

Alteration Services: Offering adjustments to shirt sizes and fits, alteration services help retailers provide customized solutions to meet customer preferences.

Dry Cleaning Services: A service that provides professional cleaning for delicate fabrics, ensuring that shirts maintain their quality and appearance over time.

Inventory Management Services: These services assist retailers in tracking stock levels and managing orders, ensuring that popular shirt styles are always available for customers.

Marketing Services: These services help retailers promote their shirts through advertising and social media, driving customer engagement and increasing sales.

Shipping Services: These services are vital for delivering shirts to customers, ensuring timely and safe arrival of products purchased online or in-store.

Products and Services Supplied by NAICS Code 458110-11

Explore a detailed compilation of the unique products and services offered by the Shirts (Retail) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Shirts (Retail) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Shirts (Retail) industry. It highlights the primary inputs that Shirts (Retail) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Button-Up Shirts: Button-up shirts feature a front placket with buttons and can be made from various fabrics. They are suitable for both casual and formal settings, allowing wearers to dress up or down depending on the occasion.

Camp Shirts: Camp shirts are short-sleeved and often feature a relaxed fit with a straight hem. They are typically made from lightweight fabrics, making them ideal for warm weather and casual outings, often associated with vacation or leisure wear.

Casual Shirts: Casual shirts are designed for everyday wear, often made from comfortable materials such as cotton or blends. They come in various styles, including button-downs and short-sleeve options, making them versatile for social gatherings, outings, or relaxed work environments.

Dress Shirts: These formal shirts are typically made from high-quality fabrics like cotton or linen, featuring a structured design with a collar and buttons. They are commonly worn in professional settings, providing a polished appearance for business meetings and formal events.

Flannel Shirts: Flannel shirts are made from soft, warm fabric, often featuring a plaid pattern. They are ideal for cooler weather and are commonly worn for outdoor activities, casual gatherings, or as a layering piece during fall and winter.

Graphic Tees: Graphic tees are t-shirts adorned with printed designs, logos, or artwork. They are popular among younger demographics and are often worn to express personal style or interests, making them a common choice for casual outings and events.

Henley Shirts: Henley shirts are characterized by a round neckline with a buttoned placket. They offer a relaxed fit and are often made from soft cotton, making them a popular choice for casual wear or as a comfortable layering option.

Long Sleeve Shirts: Long sleeve shirts provide additional coverage and warmth, made from various materials to suit different occasions. They are versatile for layering in cooler weather or can be worn alone for a more polished look during transitional seasons.

Polo Shirts: Polo shirts combine the comfort of a t-shirt with a collar and button placket, typically made from breathable cotton or polyester. They are favored for both casual and semi-formal occasions, providing a smart-casual look suitable for outings or casual Fridays at work.

T-Shirts: T-shirts are a staple in casual wardrobes, made from soft cotton or synthetic fabrics. They are available in a multitude of colors and designs, often featuring graphics or slogans, and are popular for everyday wear, sports, and leisure activities.

Comprehensive PESTLE Analysis for Shirts (Retail)

A thorough examination of the Shirts (Retail) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

  • Trade Regulations

    Description: Trade regulations, including tariffs and import quotas, significantly influence the shirts retail industry. Recent changes in trade agreements, particularly with countries that are major textile producers, have impacted the pricing and availability of imported shirts in the U.S. market.

    Impact: Changes in trade regulations can lead to increased costs for imported shirts, affecting retail pricing strategies and profit margins. Domestic retailers may face heightened competition from imports, which can pressure local pricing and market share, especially for budget-conscious consumers.

    Trend Analysis: Historically, trade regulations have fluctuated based on political climates and international relations. Currently, there is a trend towards more stringent trade policies, which may continue to shape the retail landscape. Future predictions suggest ongoing negotiations will keep trade regulations dynamic, with a medium level of certainty regarding their impact on the industry.

    Trend: Increasing
    Relevance: High
  • Consumer Protection Laws

    Description: Consumer protection laws ensure that retail businesses adhere to fair trading practices, including accurate labeling and product safety standards. Recent legislative efforts have focused on enhancing transparency in the retail sector, particularly regarding the sourcing and manufacturing of clothing.

    Impact: Compliance with consumer protection laws is essential for maintaining consumer trust and avoiding legal repercussions. Non-compliance can result in fines, product recalls, and damage to brand reputation, which can significantly affect sales and customer loyalty in the long term.

    Trend Analysis: The trend towards stricter consumer protection regulations has been increasing, with a high level of certainty regarding their impact on the industry. This trend is driven by heightened consumer awareness and advocacy for ethical retail practices, leading to more rigorous enforcement of existing laws.

    Trend: Increasing
    Relevance: High

Economic Factors

  • Consumer Spending Trends

    Description: Consumer spending patterns directly affect the shirts retail industry, with discretionary spending fluctuating based on economic conditions. Recent economic recovery post-pandemic has led to increased consumer confidence and spending on apparel, including shirts.

    Impact: Increased consumer spending can lead to higher sales volumes for retailers, particularly in the mid-range and premium segments. However, economic downturns can result in reduced discretionary spending, impacting sales and profitability, particularly for retailers focused on higher-end products.

    Trend Analysis: Consumer spending has shown a positive trend in recent years, with projections indicating continued growth as economic conditions stabilize. The level of certainty regarding this trend is medium, influenced by broader economic indicators such as employment rates and inflation.

    Trend: Increasing
    Relevance: High
  • Inflation Rates

    Description: Inflation rates affect the cost of goods sold in the shirts retail industry, influencing pricing strategies and consumer purchasing power. Recent inflationary pressures have led to increased costs for materials and shipping, impacting retail pricing.

    Impact: Higher inflation can squeeze profit margins for retailers, necessitating adjustments in pricing strategies. Retailers may face challenges in passing on costs to consumers without risking a decline in sales, particularly in price-sensitive segments of the market.

    Trend Analysis: Inflation rates have fluctuated significantly in recent years, with recent spikes leading to cautious consumer spending. The trend is currently unstable, with predictions of potential economic impacts continuing to evolve, resulting in a medium level of certainty regarding future inflation trends.

    Trend: Decreasing
    Relevance: Medium

Social Factors

  • Fashion Trends

    Description: Fashion trends significantly influence consumer preferences in the shirts retail industry. The rise of casual and athleisure wear has reshaped the types of shirts that consumers are purchasing, with an increasing demand for comfortable yet stylish options.

    Impact: Retailers that can quickly adapt to changing fashion trends are more likely to capture market share and enhance customer loyalty. Conversely, those that fail to keep pace with trends may struggle to attract consumers, leading to excess inventory and reduced sales.

    Trend Analysis: Fashion trends have become increasingly dynamic, with rapid shifts driven by social media and influencer marketing. The trend is expected to continue evolving, with a high level of certainty regarding its impact on consumer behavior and retail strategies.

    Trend: Increasing
    Relevance: High
  • Sustainability Awareness

    Description: There is a growing consumer demand for sustainable and ethically produced clothing, including shirts. This trend is particularly strong among younger demographics who prioritize environmental responsibility in their purchasing decisions.

    Impact: Retailers that embrace sustainable practices can enhance brand loyalty and attract environmentally conscious consumers. However, transitioning to sustainable sourcing and production methods may involve significant upfront costs and operational changes, which can be challenging for some retailers.

    Trend Analysis: The trend towards sustainability has been steadily increasing, with a high level of certainty regarding its future trajectory. This shift is supported by consumer preferences and regulatory pressures for more sustainable retail practices, indicating a long-term change in the market.

    Trend: Increasing
    Relevance: High

Technological Factors

  • E-commerce Growth

    Description: The rise of e-commerce has transformed how consumers purchase shirts, with online sales channels becoming increasingly important. This shift has been accelerated by the COVID-19 pandemic, which significantly changed shopping behaviors.

    Impact: E-commerce presents both opportunities and challenges for retailers. Companies that effectively leverage online platforms can reach a broader audience and increase sales. However, they must also navigate logistics and supply chain complexities associated with online sales, which can impact operational efficiency.

    Trend Analysis: The growth of e-commerce has shown a consistent upward trajectory, with predictions indicating continued expansion as more consumers prefer online shopping. The level of certainty regarding this trend is high, influenced by technological advancements and changing consumer habits.

    Trend: Increasing
    Relevance: High
  • Technological Advancements in Retail

    Description: Advancements in retail technology, such as inventory management systems and customer relationship management tools, are enhancing operational efficiency in the shirts retail industry. These technologies enable retailers to better track inventory and understand consumer preferences.

    Impact: Investing in advanced retail technologies can lead to improved customer experiences and operational efficiencies, allowing retailers to differentiate themselves in a competitive market. However, the initial investment can be substantial, posing a barrier for smaller operators.

    Trend Analysis: The trend towards adopting new retail technologies has been growing, with many companies investing in modernization to stay competitive. The certainty of this trend is high, driven by consumer demand for enhanced shopping experiences and operational efficiency.

    Trend: Increasing
    Relevance: High

Legal Factors

  • Labor Regulations

    Description: Labor regulations, including minimum wage laws and worker safety requirements, significantly impact operational costs in the shirts retail industry. Recent changes in labor laws in various states have raised compliance costs for retailers.

    Impact: Changes in labor regulations can lead to increased operational costs, affecting profitability and pricing strategies. Retailers may need to invest in workforce training and compliance measures to avoid legal issues, impacting overall operational efficiency.

    Trend Analysis: Labor regulations have seen gradual changes, with a trend towards more stringent regulations expected to continue. The level of certainty regarding this trend is medium, influenced by political and social movements advocating for worker rights.

    Trend: Increasing
    Relevance: Medium
  • Intellectual Property Laws

    Description: Intellectual property laws protect brands and designs in the shirts retail industry, ensuring that retailers can safeguard their unique offerings. Recent developments in enforcement have heightened the importance of protecting intellectual property in a competitive market.

    Impact: Strong intellectual property protections can enhance brand value and consumer trust, allowing retailers to differentiate their products. Conversely, inadequate protections can lead to increased counterfeiting and brand dilution, negatively impacting sales and reputation.

    Trend Analysis: The trend towards stronger enforcement of intellectual property laws has been increasing, with a high level of certainty regarding its impact on the industry. This trend is driven by the need for brands to protect their market position in an increasingly competitive landscape.

    Trend: Increasing
    Relevance: High

Economical Factors

  • Sustainable Sourcing Practices

    Description: There is a growing emphasis on sustainable sourcing practices within the shirts retail industry, driven by consumer demand for environmentally friendly products. This includes sourcing materials from sustainable suppliers and reducing waste in production processes.

    Impact: Adopting sustainable sourcing practices can enhance product appeal and align with consumer values, potentially leading to increased sales. However, transitioning to these practices may require significant investment and changes in operational procedures, which can be challenging for some retailers.

    Trend Analysis: The trend towards sustainable sourcing has been steadily increasing, with a high level of certainty regarding its future trajectory. This shift is supported by consumer preferences and regulatory pressures for more sustainable retail practices, indicating a long-term change in the market.

    Trend: Increasing
    Relevance: High
  • Climate Change Impact

    Description: Climate change poses significant risks to the shirts retail industry, affecting the availability and cost of raw materials. Changes in weather patterns can disrupt supply chains and impact production costs, particularly for cotton and other natural fibers.

    Impact: The effects of climate change can lead to increased costs for raw materials, affecting pricing and availability of shirts. Retailers may need to invest in adaptive strategies and technologies to mitigate these risks, impacting long-term sustainability and operational costs.

    Trend Analysis: The trend of climate change impacts is increasing, with a high level of certainty regarding its effects on the retail sector. This trend is driven by scientific consensus and observable changes in weather patterns, necessitating proactive measures from industry stakeholders.

    Trend: Increasing
    Relevance: High

Value Chain Analysis for NAICS 458110-11

An in-depth look at the Shirts (Retail) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Retailer
Value Stage: Final
Description: Shirts (Retail) operates as a retailer in the clothing industry, focusing on the direct sale of shirts to consumers. This industry engages in showcasing, selling, and providing customer service for various styles and types of shirts.

Upstream Industries

  • Fabric Coating Mills- NAICS 313320
    Importance: Critical
    Description: Retailers depend on textile mills for high-quality fabrics used in shirts. These mills provide essential materials such as cotton, polyester, and blends that are crucial for producing durable and appealing shirts. The quality of fabric directly influences the final product's comfort and longevity.
  • Apparel Knitting Mills- NAICS 315120
    Importance: Important
    Description: Shirt retailers source knitted fabrics from apparel knitting mills, which are vital for producing casual and comfortable shirts. The mills supply various knit patterns and textures that enhance the product's appeal, contributing significantly to the retailer's inventory diversity.
  • Cut and Sew Apparel Contractors - NAICS 315210
    Importance: Important
    Description: Retailers often collaborate with cut and sew contractors to manufacture shirts. These contractors provide the necessary labor and expertise to assemble shirts from fabric, ensuring that production meets quality standards and design specifications.

Downstream Industries

  • Direct to Consumer
    Importance: Critical
    Description: Shirts are sold directly to consumers through retail stores and online platforms. This relationship is essential as it allows retailers to understand customer preferences and trends, ensuring that the products meet quality expectations and style demands.
  • Institutional Market
    Importance: Important
    Description: Retailers also supply shirts to institutions such as schools and corporate entities, which require uniforms or branded apparel. This relationship enhances the retailer's market reach and provides steady demand for specific shirt styles.
  • Government Procurement
    Importance: Supplementary
    Description: Occasionally, retailers fulfill government contracts for uniforms or promotional shirts. This relationship, while not the primary focus, can provide additional revenue streams and enhance the retailer's reputation in the market.

Primary Activities

Inbound Logistics: Inbound logistics involve receiving shipments of shirts from manufacturers, ensuring proper handling and storage to maintain quality. Retailers implement inventory management systems to track stock levels and manage seasonal fluctuations effectively. Quality control measures include inspecting incoming products for defects and ensuring compliance with safety standards, addressing challenges such as damaged goods through robust return policies.

Operations: Core operations include organizing the retail space, displaying shirts attractively, and managing sales transactions. Retailers often employ staff training programs to ensure knowledgeable customer service and effective sales techniques. Quality management practices involve regular assessments of inventory turnover and customer feedback to maintain high standards of service and product quality.

Outbound Logistics: Outbound logistics encompass the distribution of shirts to retail locations and fulfillment of online orders. Retailers utilize efficient shipping methods to ensure timely delivery while maintaining product quality during transit. Common practices include using branded packaging to enhance customer experience and tracking shipments to provide updates to consumers.

Marketing & Sales: Marketing strategies often include seasonal promotions, loyalty programs, and social media campaigns to engage customers. Retailers focus on building strong customer relationships through personalized service and feedback mechanisms. Sales processes typically involve direct interactions with customers, both in-store and online, to facilitate informed purchasing decisions and enhance customer satisfaction.

Support Activities

Infrastructure: Management systems in the retail sector include point-of-sale systems that streamline transactions and inventory management software that tracks stock levels. Organizational structures often consist of store managers overseeing daily operations and sales staff, facilitating efficient communication and decision-making processes. Planning systems are essential for managing seasonal inventory and promotional strategies effectively.

Human Resource Management: Workforce requirements include trained sales associates who understand product features and customer service practices. Retailers often implement ongoing training programs to enhance staff skills in sales techniques and product knowledge, ensuring that employees are well-equipped to meet customer needs and expectations.

Technology Development: Key technologies include e-commerce platforms that enable online sales and customer relationship management (CRM) systems that track customer interactions. Retailers focus on adopting innovative technologies to enhance the shopping experience, such as virtual fitting rooms and mobile payment options, ensuring they remain competitive in a rapidly evolving market.

Procurement: Sourcing strategies involve establishing long-term relationships with reliable manufacturers and suppliers to ensure consistent quality and timely delivery of shirts. Supplier relationship management is critical for negotiating favorable terms and maintaining quality standards, while purchasing practices often emphasize sustainability and ethical sourcing.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is measured through sales per square foot and inventory turnover rates. Common efficiency measures include tracking customer foot traffic and optimizing staff schedules to align with peak shopping times, ensuring that resources are utilized effectively to maximize sales.

Integration Efficiency: Coordination methods involve regular communication between retail staff, suppliers, and logistics partners to ensure alignment on inventory levels and promotional activities. Communication systems often include integrated software solutions that facilitate real-time updates on stock availability and sales performance.

Resource Utilization: Resource management practices focus on optimizing space within retail locations to enhance product visibility and customer flow. Optimization approaches may involve analyzing sales data to adjust inventory levels and product placements, adhering to industry standards for effective retail operations.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include high-quality shirts, effective marketing strategies, and strong customer relationships. Critical success factors involve understanding consumer trends and preferences, ensuring product availability, and maintaining exceptional customer service standards.

Competitive Position: Sources of competitive advantage include the ability to offer a diverse range of shirt styles and sizes, along with personalized shopping experiences. Industry positioning is influenced by brand reputation, customer loyalty, and effective marketing strategies that resonate with target audiences, impacting overall market dynamics.

Challenges & Opportunities: Current industry challenges include fluctuating consumer preferences, competition from online retailers, and supply chain disruptions. Future trends may involve increased demand for sustainable and ethically produced clothing, presenting opportunities for retailers to differentiate themselves and capture new market segments.

SWOT Analysis for NAICS 458110-11 - Shirts (Retail)

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Shirts (Retail) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The retail shirts industry benefits from a well-established network of physical stores and online platforms that facilitate customer access. This strong infrastructure supports efficient operations and enhances the ability to meet consumer demand, with many retailers investing in modern point-of-sale systems and inventory management technologies.

Technological Capabilities: Retailers in this industry leverage advanced e-commerce platforms and customer relationship management systems to enhance customer engagement and streamline operations. The industry is characterized by a moderate level of innovation, with many companies adopting data analytics to understand consumer preferences and optimize inventory.

Market Position: The shirts retail sector holds a strong position within the broader clothing market, characterized by brand loyalty and a diverse range of offerings. Retailers that effectively differentiate their products through quality and style maintain a competitive edge, although they face pressure from fast fashion competitors.

Financial Health: Financial performance across the shirts retail industry is generally strong, with many retailers reporting stable revenue growth driven by consistent consumer demand. However, fluctuations in raw material costs and competition can impact profitability, necessitating careful financial management.

Supply Chain Advantages: The industry enjoys robust supply chain networks that facilitate efficient procurement of shirts from manufacturers. Strong relationships with suppliers and logistics partners enhance operational efficiency, allowing for timely delivery of products to market and reducing costs.

Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many employees trained in customer service and retail management. This expertise contributes to high customer satisfaction and operational efficiency, although ongoing training is essential to keep pace with evolving retail technologies.

Weaknesses

Structural Inefficiencies: Some retailers face structural inefficiencies due to outdated store layouts or inadequate inventory systems, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more agile competitors.

Cost Structures: The industry grapples with rising costs associated with labor, rent, and compliance with retail regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.

Technology Gaps: While some retailers are technologically advanced, others lag in adopting new retail technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the market.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of raw materials, particularly cotton and synthetic fibers. These resource limitations can disrupt production schedules and impact product availability.

Regulatory Compliance Issues: Navigating the complex landscape of labor and consumer protection regulations poses challenges for many retailers. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Retailers may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.

Opportunities

Market Growth Potential: There is significant potential for market growth driven by increasing consumer demand for fashionable and sustainable shirts. The trend towards eco-friendly materials presents opportunities for retailers to expand their offerings and capture new market segments.

Emerging Technologies: Advancements in e-commerce technologies, such as augmented reality for virtual try-ons, offer opportunities for enhancing customer experience and increasing sales. These technologies can lead to improved customer engagement and reduced return rates.

Economic Trends: Favorable economic conditions, including rising disposable incomes and a growing focus on personal style, support growth in the shirts retail market. As consumers prioritize quality and brand reputation, demand for premium shirts is expected to rise.

Regulatory Changes: Potential regulatory changes aimed at promoting sustainable practices could benefit the industry. Retailers that adapt to these changes by offering eco-friendly products may gain a competitive edge.

Consumer Behavior Shifts: Shifts in consumer preferences towards sustainable and ethically produced clothing create opportunities for growth. Retailers that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both domestic and international players poses a significant threat to market share. Retailers must continuously innovate and differentiate their products to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for shirts. Retailers must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding labor practices and environmental standards can pose challenges for the industry. Retailers must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative retail models, such as subscription services and direct-to-consumer sales, could disrupt traditional retail channels. Companies need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Retailers must adopt sustainable practices to meet consumer expectations and regulatory requirements.

SWOT Summary

Strategic Position: The shirts retail industry currently enjoys a strong market position, bolstered by robust consumer demand for stylish and sustainable products. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that retailers can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

  • The strong market position interacts with emerging technologies, as retailers that leverage new e-commerce tools can enhance customer experience and drive sales. This interaction is critical for maintaining market share and driving growth.
  • Financial health and cost structures are interconnected, as improved financial performance can enable investments in technology that reduce operational costs. This relationship is vital for long-term sustainability.
  • Consumer behavior shifts towards sustainable products create opportunities for market growth, influencing retailers to innovate and diversify their product offerings. This interaction is high in strategic importance as it drives industry evolution.
  • Regulatory compliance issues can impact financial health, as non-compliance can lead to penalties that affect profitability. Retailers must prioritize compliance to safeguard their financial stability.
  • Competitive pressures and market access barriers are interconnected, as strong competition can make it more challenging for new entrants to gain market share. This interaction highlights the need for strategic positioning and differentiation.
  • Supply chain advantages can mitigate resource limitations, as strong relationships with suppliers can ensure a steady flow of raw materials. This relationship is critical for maintaining operational efficiency.
  • Technological gaps can hinder market position, as retailers that fail to innovate may lose competitive ground. Addressing these gaps is essential for sustaining industry relevance.

Growth Potential: The growth prospects for the shirts retail industry are robust, driven by increasing consumer demand for fashionable and sustainable products. Key growth drivers include the rising popularity of eco-friendly materials, advancements in e-commerce technologies, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out unique and high-quality shirts. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the shirts retail industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

  • Prioritize investment in advanced e-commerce technologies to enhance customer experience and operational efficiency. This recommendation is critical due to the potential for significant sales growth and improved customer retention. Implementation complexity is moderate, requiring capital investment and staff training. A timeline of 1-2 years is suggested for initial investments, with ongoing evaluations for further advancements.
  • Develop a comprehensive sustainability strategy to address environmental concerns and meet consumer expectations. This initiative is of high priority as it can enhance brand reputation and compliance with regulations. Implementation complexity is high, necessitating collaboration across the supply chain. A timeline of 2-3 years is recommended for full integration.
  • Expand product lines to include sustainable and ethically produced shirts in response to shifting consumer preferences. This recommendation is important for capturing new market segments and driving growth. Implementation complexity is moderate, involving market research and product development. A timeline of 1-2 years is suggested for initial product launches.
  • Enhance regulatory compliance measures to mitigate risks associated with non-compliance. This recommendation is crucial for maintaining financial health and avoiding penalties. Implementation complexity is manageable, requiring staff training and process adjustments. A timeline of 6-12 months is recommended for initial compliance audits.
  • Strengthen supply chain relationships to ensure stability in raw material availability. This recommendation is vital for mitigating risks related to resource limitations. Implementation complexity is low, focusing on communication and collaboration with suppliers. A timeline of 1 year is suggested for establishing stronger partnerships.

Geographic and Site Features Analysis for NAICS 458110-11

An exploration of how geographic and site-specific factors impact the operations of the Shirts (Retail) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: Retail operations for shirts thrive in urban areas with high foot traffic, such as shopping districts and malls, where consumer access is maximized. Regions with a strong fashion culture, like New York City and Los Angeles, provide a vibrant market for diverse shirt styles. Proximity to major transportation hubs enhances logistics for inventory replenishment, while local demographics influence product offerings tailored to community preferences.

Topography: Retail spaces benefit from flat, accessible locations that facilitate easy customer access and visibility. Urban environments with minimal elevation changes are ideal for storefronts, allowing for seamless entry and exit. In regions with challenging terrain, such as mountainous areas, retail operations may face difficulties in attracting foot traffic, necessitating strategic placement in easily reachable areas to ensure customer convenience.

Climate: Climate plays a significant role in shirt retail operations, as seasonal variations influence inventory selection. Warmer climates may see higher demand for lightweight fabrics and casual styles, while colder regions might favor long-sleeve shirts and layered options. Retailers must adapt their inventory and marketing strategies to align with seasonal trends, ensuring they meet customer needs throughout the year, particularly during peak shopping seasons like back-to-school and holiday periods.

Vegetation: Vegetation can impact retail operations by influencing the aesthetic appeal of storefronts and surrounding areas. Retailers often incorporate landscaping to enhance curb appeal and create inviting shopping environments. Compliance with local environmental regulations regarding vegetation management is essential, particularly in areas prone to wildfires or flooding, where maintaining clear zones around facilities can mitigate risks and enhance safety for customers and employees.

Zoning and Land Use: Shirt retail operations typically require commercial zoning that allows for retail activities, with specific regulations governing signage, parking, and operational hours. Local land use regulations may dictate the types of structures permitted in shopping areas, influencing the design and layout of retail spaces. Retailers must navigate varying zoning laws across regions, which can affect expansion plans and the establishment of new locations in desirable areas.

Infrastructure: Retail operations depend on robust infrastructure, including reliable utilities such as electricity and water, to support daily operations. Transportation infrastructure is critical for inventory delivery, with proximity to major roads and public transit enhancing customer access. Communication infrastructure, including internet connectivity, is vital for e-commerce integration and customer engagement through digital platforms, allowing retailers to reach a broader audience and streamline operations.

Cultural and Historical: Cultural factors significantly influence shirt retail operations, as community preferences shape product offerings and marketing strategies. Historical trends in fashion and local customs can dictate the types of shirts that are popular in specific regions. Retailers often engage with local communities through events and promotions, fostering a sense of connection and loyalty. Understanding regional acceptance patterns helps retailers tailor their approach to meet the unique needs and expectations of diverse consumer bases.

In-Depth Marketing Analysis

A detailed overview of the Shirts (Retail) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Large

Description: This industry encompasses the retail sale of shirts for men, women, and children, including various styles such as dress shirts, casual shirts, and t-shirts. Retailers operate physical stores and online platforms to provide a wide range of shirt options made from diverse materials like cotton, silk, and polyester.

Market Stage: Growth. The industry is experiencing growth due to increasing consumer demand for casual and formal shirts, driven by fashion trends and the rise of e-commerce platforms that enhance accessibility.

Geographic Distribution: National. Shirts (Retail) operations are distributed across urban and suburban areas throughout the United States, with a concentration in regions with high population density and significant retail activity.

Characteristics

  • Diverse Product Range: Retailers offer a wide variety of shirts, catering to different demographics and preferences, including various styles, colors, and sizes, which allows them to attract a broad customer base.
  • Seasonal Promotions: Shirts (Retail) often sees seasonal promotions aligned with back-to-school periods, holiday seasons, and summer sales, which significantly influence inventory management and sales strategies.
  • E-commerce Integration: Many retailers have integrated e-commerce platforms into their operations, allowing for online sales and broader market reach, which has become essential for capturing the growing trend of online shopping.
  • Customer-Centric Services: Retailers focus on providing excellent customer service, including personalized shopping experiences, easy return policies, and loyalty programs to enhance customer satisfaction and retention.

Market Structure

Market Concentration: Fragmented. The market is characterized by a large number of small to medium-sized retailers, alongside a few major players, leading to a competitive landscape where no single retailer dominates.

Segments

  • Casual Shirts: This segment includes t-shirts, polo shirts, and casual button-ups, appealing to a broad audience looking for comfortable and stylish everyday wear.
  • Formal Shirts: Comprising dress shirts and business attire, this segment targets professionals and individuals seeking high-quality shirts for formal occasions.
  • Children's Shirts: Retailers cater to parents by offering a range of shirts designed specifically for children, focusing on durability, comfort, and style.

Distribution Channels

  • Brick-and-Mortar Stores: Physical retail locations remain a primary channel for consumers to purchase shirts, allowing for direct interaction with products and personalized shopping experiences.
  • Online Retail Platforms: E-commerce has become increasingly important, with many retailers offering online shopping options that provide convenience and access to a wider selection of products.

Success Factors

  • Brand Recognition: Strong brand identity and recognition play a crucial role in attracting customers, as consumers often prefer established brands known for quality and style.
  • Inventory Management: Effective inventory management is essential to meet consumer demand while minimizing excess stock, particularly during seasonal sales and promotions.
  • Marketing Strategies: Innovative marketing strategies, including social media campaigns and influencer partnerships, are vital for reaching target demographics and driving sales.

Demand Analysis

  • Buyer Behavior

    Types: Buyers include individual consumers of all ages, fashion-conscious individuals, and professionals seeking formal attire, each with distinct purchasing habits and preferences.

    Preferences: Customers prioritize quality, style, and price, often seeking value for money while being influenced by brand reputation and peer recommendations.
  • Seasonality

    Level: Moderate
    Sales typically peak during back-to-school seasons and holiday periods, with fluctuations in demand observed during summer months when casual styles are more popular.

Demand Drivers

  • Fashion Trends: Shifts in fashion trends significantly influence consumer preferences, driving demand for specific styles, colors, and materials in shirts.
  • Economic Conditions: Consumer spending power, influenced by economic conditions, affects demand for both casual and formal shirts, with higher demand during periods of economic growth.
  • Social Media Influence: Social media platforms play a pivotal role in shaping consumer preferences, with trends often driven by influencers and fashion bloggers.

Competitive Landscape

  • Competition

    Level: High
    The industry is marked by intense competition among retailers, with many players vying for market share through pricing strategies, product differentiation, and customer service.

Entry Barriers

  • Brand Loyalty: Established brands benefit from customer loyalty, making it challenging for new entrants to gain market share without significant marketing efforts.
  • Supply Chain Relationships: Strong relationships with suppliers and manufacturers are crucial for securing quality materials and favorable pricing, posing a barrier for new entrants.
  • Retail Space Costs: High costs associated with securing retail space in prime locations can deter new businesses from entering the market.

Business Models

  • Multi-Channel Retailing: Many retailers operate both physical stores and online platforms, allowing them to reach a wider audience and cater to varying consumer preferences.
  • Private Label Offerings: Some retailers focus on private label products, providing unique shirt designs that enhance brand identity and customer loyalty.

Operating Environment

  • Regulatory

    Level: Low
    The industry faces minimal regulatory oversight, primarily related to consumer protection laws and product safety standards.
  • Technology

    Level: Moderate
    Retailers utilize technology for inventory management, e-commerce platforms, and customer relationship management to enhance operational efficiency.
  • Capital

    Level: Moderate
    Initial capital requirements are moderate, primarily for inventory, retail space, and marketing expenses, with ongoing costs associated with maintaining operations.

NAICS Code 458110-11 - Shirts (Retail)

We now have complete information to process your request

Your dedicated data specialist is researching your target and will provide an industry report for your review shortly

What's Next?

1
Industry report based on your target will be sent to you by email (You're here)
2
Use this to review and refine your target
3
Free sample list will be provided to test drive the data
4
When ready for purchase, your complete list will be ready in minutes
Your data specialist

Your data specialist will assist you every step of the way

What Our Clients Say

I was able to supply NAICS/SIC codes to SICCODE.com, who provided a numerical total of their lists for each code. They provided also a sample list for me to judge the content and accuracy. Their Business Data Specialist sent then refined lists that allowed me to target my audience. They are professional and able to understand their products in great detail. I recommend them to anyone who wants to focus a targeted sales/marketing campaign.

SICCODE.com client

SICCODE.com client