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General merchandise stores
Industry profile, February 2020

This page is an industry profile for the General merchandise stores industry. It provides a general economic overview of recent developments in the industry. This includes information on industry pricing, costs, and demand. Below you will find a description of what type of business establishments are included in this industry. For information on how to best utilize this industry profile please visit our Business Solutions.

Industry Description

Industries in the General Merchandise Stores subsector retail new general merchandise from fixed point-of-sale locations. Establishments in this subsector are unique in that they have the equipment and staff capable of retailing a large variety of goods from a single location. This includes a variety of display equipment and staff trained to provide information on many lines of products.

This industry description was sourced from the North American Industry Classification System.

Major Industry Costs by Sector
Sector Name Percentage of Costs Annual Percent Change 4
Labor 53.9% +2.1%
Management of Companies and Enterprises 10.4% -2%
Real Estate and Rental and Leasing 9.3% +1.7%
Transportation and Warehousing 6% +4.9%
Professional, Scientific, and Technical Services 5% -1.5%
  1. Pricing measured from January 2020.
  2. The BLS PPI used for this industry is PCU452---452---.
  3. Costs measured from January 2020