Major Group SIC 59 - Miscellaneous Retail

SIC 59 - Miscellaneous Retail

SIC 59 - Miscellaneous Retail
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs

This major group includes retail establishments, not elsewhere classified. These establishments fall into the following categories: drug stores, liquor stores, used merchandise stores, miscellaneous shopping goods stores, non-store retailers, fuel dealers, and miscellaneous retail stores, not elsewhere classified.

Industry trends:

The NAICS 59, Miscellaneous Retail sector has been experiencing several qualitative trends recently. One significant trend is the increasing shift towards omnichannel retailing. Retailers in this sector are expanding their presence beyond traditional brick-and-mortar stores by integrating online and offline channels to provide a seamless shopping experience. This trend is driven by changing consumer preferences, with more shoppers expecting to engage with brands across multiple platforms.

Another notable trend is the growing emphasis on sustainability and eco-friendly products. Consumers are becoming more environmentally conscious, leading retailers to stock sustainable goods, reduce packaging waste, and adopt eco-friendly practices throughout their supply chains. This shift is not only driven by consumer demand but also by regulatory changes and increasing corporate responsibility initiatives.

Personalization and customization are also on the rise within the Miscellaneous Retail sector. Retailers are leveraging data analytics and AI to offer personalized shopping experiences, recommend products, and tailor marketing efforts to individual consumer preferences. This approach helps in enhancing customer loyalty and improving sales conversions.

Looking ahead, these trends are expected to continue shaping the Miscellaneous Retail landscape. The focus on digital transformation will likely intensify, with augmented reality (AR) and virtual reality (VR) becoming more prevalent in enhancing the online shopping experience. Additionally, sustainability and ethical consumerism are projected to remain at the forefront, influencing product offerings and business practices. Retailers investing in technology and sustainability are likely to gain a competitive edge in the near future.

This industry is comprised of:

SIC 591 - Drug Stores And Proprietary Stores

SIC 592 - Liquor Stores

SIC 593 - Used Merchandise Stores

SIC 594 - Miscellaneous Shopping Goods Stores

SIC 596 - Nonstore Retailers

SIC 598 - Fuel Dealers

SIC 599 - Retail Stores, Not Elsewhere Classified

Explore related industries:

SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 89 - Services, Not Elsewhere Classified

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