Major Group SIC 5941 - Sporting Goods Stores And Bicycle Sho...

SIC 5941 - Sporting Goods Stores And Bicycle Shops

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
- SIC 594 - Miscellaneous Shopping Goods Stores
  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
  - SIC 5941 - Sporting Goods Stores And Bicycle Shops
    SIC 5941 - Sporting Goods Stores And Bicycle Shops SIC 5942 - Book Stores SIC 5943 - Stationery Stores SIC 5944 - Jewelry Stores SIC 5945 - Hobby, Toy, And Game Shops SIC 5946 - Camera And Photographic Supply Stores SIC 5947 - Gift, Novelty, And Souvenir Shops SIC 5948 - Luggage And Leather Goods Stores SIC 5949 - Sewing, Needlework, And Piece Goods Stores

Establishments primarily engaged in the retail sale of sporting goods, sporting equipment, and bicycles, bicycle parts, and accessories. Retail establishments primarily engaged in selling motorized bicycles are classified in Industry 5571, and those engaged in the retail sale of athletic footwear are classified in Industry 5661. Establishments primarily engaged in repairing bicycles are classified in Services, Industry 7699, and those renting bicycles are classified in Industry 7999.

Industry trends:

In the realm of NAICS 5941, encompassing Sporting Goods Stores and Bicycle Shops, several qualitative trends have been observed recently. One of the most prominent trends is the increasing consumer preference for experiential retail. Customers now seek not just products but also immersive experiences, which has led these stores to incorporate interactive elements such as in-store fitness classes, demonstrations, and customization workshops.

Another notable trend is the growing emphasis on sustainability. Consumers are more environmentally conscious, prompting stores to stock eco-friendly products and implement sustainable business practices. This includes offering products made from recycled materials and ensuring supply chain transparency. Additionally, the rise of e-commerce has reshaped the industry, with many stores adopting omnichannel strategies to integrate online and offline experiences seamlessly.

The influence of technology is also transforming the sector, with advancements in wearable technology and smart sports equipment gaining traction. Stores are increasingly stocking innovative products like app-connected bikes and performance-tracking wearables. As for future forecasts, the next few years are likely to see a continued rise in health and wellness awareness, driving demand for sporting goods. The integration of augmented reality (AR) and virtual reality (VR) may further enhance customer engagement by offering virtual try-ons and training simulations.

Overall, the near future for sporting goods stores and bicycle shops looks promising, with a shift towards more personalized, sustainable, and tech-savvy offerings expected to attract and retain an evolving customer base.

This industry is comprised of:

Ammunition-retail

Backpacking, hiking, and mountaineering equipment-retail

Bait and tackle shops-retail

Bicycle and bicycle parts dealer except motorized-retail

Bowling equipment and supplies-retail

Camping equipment-retail

Exercise apparatus-retail

Firearms-retail

Fishing equipment-retail

Golf goods and equipment-retail

Golf professionals operating -retail stores

Gymnasium equipment-retail

Hunters'equipment-retail

Playground equipment-retail

Pool and billiards table stores-retail

Riding goods and equipment-retail

Saddlery stores-retail

Skiing equipment-retail

Skin diving and scuba equipment-retail

Sporting goods stores-retail

Tennis goods and equipment-retail

Explore related industries:

SIC 3751 - Motorcycles, Bicycles, And Parts SIC 3949 - Sporting And Athletic Goods, Not Elsewhere Classified SIC 5091 - Sporting And Recreational Goods And Supplies

SIC 5941 - Sporting Goods Stores And Bicycle Shops

Industry trends:

This industry is comprised of:

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SIC 5941 - Sporting Goods Stores And Bicycle Shops

Industry trends:

This industry is comprised of:

Explore related industries:

This report includes the ability to segment your Industry by:

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