NAICS Code 459420-13 - Gift Shops (Retail)

Marketing Level - NAICS 8-Digit

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NAICS CODE 459420-13
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NAICS Code 459420-13 Description (8-Digit)

Gift Shops (Retail) are establishments that specialize in selling a variety of gift items, such as souvenirs, novelty items, and other unique gifts. These shops offer a wide range of products that are suitable for different occasions, including birthdays, weddings, anniversaries, and holidays. Gift Shops (Retail) are known for their diverse selection of items, which can include jewelry, home decor, clothing, toys, and other accessories. These shops are often located in tourist areas, shopping malls, and other high-traffic locations.

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 459420 page

Tools

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

  • Point of Sale (POS) System
  • Inventory Management Software
  • Barcode Scanner
  • Cash Register
  • Credit Card Reader
  • Pricing Gun
  • Label Printer
  • Gift Wrapping Supplies
  • Display Cases
  • Shelving Units

Industry Examples of Gift Shops (Retail)

Common products and services typical of NAICS Code 459420-13, illustrating the main business activities and contributions to the market.

  • Souvenir Shops
  • Novelty Stores
  • Museum Gift Shops
  • Airport Gift Shops
  • Theme Park Gift Shops
  • Hotel Gift Shops
  • College Bookstores
  • Artisan Markets
  • Holiday Pop-Up Shops
  • Online Gift Retailers

History

A concise historical narrative of NAICS Code 459420-13 covering global milestones and recent developments within the United States.

  • The gift shop industry has been around for centuries, with the first recorded gift shop dating back to the 14th century in Venice, Italy. These shops sold souvenirs and trinkets to tourists visiting the city. In the 19th century, gift shops became more popular in the United States, with the opening of the first souvenir shop in New York City in 1865. The industry continued to grow throughout the 20th century, with the introduction of new products and the expansion of the tourism industry. In recent years, the industry has faced challenges due to the rise of online shopping and the COVID-19 pandemic, which has led to a decrease in tourism and foot traffic in physical stores.