Gain insight into product margins through web-sourced product availability and discounting data for beauty, fashion, and household brands. Retail pricing data is sourced from dozens of US online retailers.

The statistic shows the average retail price of apparel products from Walmart and Target in the United States as of 2018. In 2018, Walmart's average apparel price was 10.82 U.S. dollars, compared to 14.79 U.S. dollars at Target.

Off Price Retail Market size was valued at USD 322.4 Billion in 2023 and is projected to reach USD 687.7 Billion by 2031, growing at a CAGR of 9.92% during the forecast period 2024-2031.

Global Off Price Retail Market Drivers

The market drivers for the Off Price Retail Market can be influenced by various factors. These may include:

Financial Situation: When people are looking for value for their money during economic downturns, the off-price retail market prospers. During recessions, consumers become more price sensitive and look for less expensive options. Furthermore, as consumers become more conscious of their spending, off-price stores are compelled to provide significant reductions on branded goods. Budget-conscious consumers’ continued preference for off-price products can also support the industry during moments of economic recovery, thanks to increased consumer confidence. Furthermore, changes in disposable income have a direct influence on consumers’ purchasing decisions, which makes off-price retail a desirable option for consumers facing financial difficulties and eventually contributing to the industry’s long-term growth.

Shifting Preferences of Customers: The off-price retail business is mostly driven by shifts in consumer preferences toward value-oriented buying. Cost-effectiveness is becoming a more important factor to modern customers than brand quality, which makes discount stores enticing to people on a tight budget. Purchase decisions are also influenced by consumers’ growing knowledge of ethical and sustainable shopping practices, which leads them to look for reduced premium brands rather than inferior substitutes. Additionally, customers are drawn to off-price stores by their desire for variety and the excitement of finding a good deal. These preferences are shaped by social media and influencer marketing, which also helps to make trendy businesses more approachable. Therefore, in order to maintain client loyalty, off-price businesses need to constantly adjust to changing consumer preferences.

Global Off Price Retail Market Restraints Several factors can act as restraints or challenges for the Off Price Retail Market. These may include:

Insecurity in the Economy: The off-price retail market can be greatly impacted by changes in the economy. Reduced sales for off-price businesses occur when people restrict their discretionary spending during economic downturns. Although these stores usually draw frugal customers, a downturn in the economy may force even these customers to give priority to necessities over extras. Inflation can also raise operating expenses, which would reduce profit margins. While off-price stores may find it difficult to source such inventory during economic instability, they frequently rely on their capacity to stock overstock or discontinued items at low costs. A decline in consumer confidence may have a negative impact on the demand for discounted items overall.

Vigorous Competition: There is fierce competition in the off-price retail business. Though established companies like TJX Companies and Ross Stores hold a dominant position, new firms are always trying to find their own niche. Price wars may result from this competitive environment, which might reduce profit margins for all participating retailers. The popularity of online shopping has also increased competition since major players in the market, such as Amazon, are offering lower pricing for comparable goods. For off-price stores, it becomes critical to sustain operational efficiency and set themselves apart through marketing methods. It gets harder and harder to keep customers loyal in this extremely competitive market when they have so many options.

Retail services price index (RSPI) by North American Industry Classification System (NAICS). Monthly data are available from January 2008. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2013=100).

Retail Sales in the United States decreased 0.90 percent in May of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Off Price Retail Market Outlook

The global off-price retail market size was valued at approximately USD 243 billion in 2023 and is expected to reach USD 414 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period. This significant growth can be attributed to the rising consumer preference for discounted branded goods and the expansion of off-price retail chains across the globe.

Several factors are driving the growth of the off-price retail market, one of the primary ones being the increasing consumer inclination towards affordable branded products. Consumers today are more value-conscious than ever before, and the economic uncertainties brought about by various global events have only intensified this trend. Off-price retailers, which offer branded goods at significantly lower prices than traditional retail stores, capitalize on this shift by providing high-quality products at bargain prices. Furthermore, the proliferation of smartphones and the internet has facilitated easier access to these discounted goods, thereby driving the market forward.

Another significant growth factor for the off-price retail market is the strategic expansion of off-price retail chains. Companies are increasingly opening new stores and entering untapped markets to capitalize on the growing demand for discounted branded products. These retailers are also investing heavily in enhancing their supply chain efficiencies and inventory management systems to ensure a constant influx of high-quality branded goods. Moreover, many traditional retailers are launching off-price segments to diversify their revenue streams and cater to the price-sensitive customer base.

The ongoing advancements in e-commerce technologies are also propelling the growth of the off-price retail market. The integration of artificial intelligence, big data, and machine learning in online retail platforms has revolutionized the way off-price retailers operate. These technologies enable personalized shopping experiences, efficient inventory management, and targeted marketing campaigns, thus boosting sales and customer satisfaction. The convenience of online shopping, combined with the allure of discounted prices, has attracted a large segment of consumers, further driving market growth.

Fresh Chain Stores are becoming an integral part of the off-price retail landscape, offering consumers a unique blend of convenience and affordability. These stores are strategically positioned in urban areas to cater to the growing demand for discounted branded goods. By focusing on fresh inventory rotations and limited-time offers, Fresh Chain Stores create a sense of urgency among shoppers, encouraging quick purchases. This approach not only helps in clearing out stock but also attracts a steady stream of bargain hunters. The rise of Fresh Chain Stores is indicative of a broader trend where consumers are seeking more dynamic and engaging shopping experiences. As these stores continue to expand, they are likely to play a crucial role in shaping the future of off-price retail, providing a competitive edge to retailers who can effectively leverage this model.

From a regional perspective, North America holds a significant share of the global off-price retail market. The region's high disposable income levels, coupled with a strong preference for branded products, have fueled the demand for off-price retail. Additionally, the presence of major players and a well-established retail infrastructure contribute to the marketÂ’s growth in this region. However, the Asia Pacific region is expected to witness the fastest growth during the forecast period, driven by the burgeoning middle-class population, rapid urbanization, and increasing adoption of western retail practices.

Product Type Analysis

Within the off-price retail market, the product type segment includes apparel and footwear, home goods, beauty and personal care, accessories, and others. Apparel and footwear dominate the market, accounting for a significant share due to the high consumer demand for branded clothing and shoes at discounted prices. The rapid changes in fashion trends and the short lifecycle of fashion products make off-price retail a viable option for consumers looking to stay stylish without breaking the bank. This segment is further bolstered by frequent stock rotations and seasonal sales, which attract a large number of bargain hunters.

Home goods is another import

The average sales price per square foot for retail properties in the United States varied between shopping centers and regular shops in 2020. Regular shops were more expensive, averaging at 294 U.S. dollars per square foot. In comparison, shopping centers didn't amount to half of this number, averaging at 127 U.S. dollars.

In the second quarter of 2020, retail vacancy rates in the United States rose drastically from nine percent to 20 percent, a change that can be explained by the effects of the COVID-19 pandemic.

MealMe provides comprehensive grocery and retail SKU-level product data, including real-time pricing, from the top 100 retailers in the USA and Canada. Our proprietary technology ensures accurate and up-to-date insights, empowering businesses to excel in competitive intelligence, pricing strategies, and market analysis.

Retailers Covered: MealMe’s database includes detailed SKU-level data and pricing from leading grocery and retail chains such as Walmart, Target, Costco, Kroger, Safeway, Publix, Whole Foods, Aldi, ShopRite, BJ’s Wholesale Club, Sprouts Farmers Market, Albertsons, Ralphs, Pavilions, Gelson’s, Vons, Shaw’s, Metro, and many more. Our coverage spans the most influential retailers across North America, ensuring businesses have the insights needed to stay competitive in dynamic markets.

Key Features: SKU-Level Granularity: Access detailed product-level data, including product descriptions, categories, brands, and variations. Real-Time Pricing: Monitor current pricing trends across major retailers for comprehensive market comparisons. Regional Insights: Analyze geographic price variations and inventory availability to identify trends and opportunities. Customizable Solutions: Tailored data delivery options to meet the specific needs of your business or industry. Use Cases: Competitive Intelligence: Gain visibility into pricing, product availability, and assortment strategies of top retailers like Walmart, Costco, and Target. Pricing Optimization: Use real-time data to create dynamic pricing models that respond to market conditions. Market Research: Identify trends, gaps, and consumer preferences by analyzing SKU-level data across leading retailers. Inventory Management: Streamline operations with accurate, real-time inventory availability. Retail Execution: Ensure on-shelf product availability and compliance with merchandising strategies. Industries Benefiting from Our Data CPG (Consumer Packaged Goods): Optimize product positioning, pricing, and distribution strategies. E-commerce Platforms: Enhance online catalogs with precise pricing and inventory information. Market Research Firms: Conduct detailed analyses to uncover industry trends and opportunities. Retailers: Benchmark against competitors like Kroger and Aldi to refine assortments and pricing. AI & Analytics Companies: Fuel predictive models and business intelligence with reliable SKU-level data. Data Delivery and Integration MealMe offers flexible integration options, including APIs and custom data exports, for seamless access to real-time data. Whether you need large-scale analysis or continuous updates, our solutions scale with your business needs.

Why Choose MealMe? Comprehensive Coverage: Data from the top 100 grocery and retail chains in North America, including Walmart, Target, and Costco. Real-Time Accuracy: Up-to-date pricing and product information ensures competitive edge. Customizable Insights: Tailored datasets align with your specific business objectives. Proven Expertise: Trusted by diverse industries for delivering actionable insights. MealMe empowers businesses to unlock their full potential with real-time, high-quality grocery and retail data. For more information or to schedule a demo, contact us today!

Graph and download economic data for Producer Price Index by Commodity: Retail Trade Services: Other Merchandise Retailing (Partial) (WPS58I101) from Jan 2015 to May 2025 about merchandise, retail trade, sales, retail, services, commodities, PPI, price index, indexes, price, and USA.

Off Price Retail Market valued at USD 372.46 billion in 2025, is anticipated to reaching USD 668.30 billion by 2032, with a steady annual growth rate of 8.7%.

At the end of the 2018 fiscal year, Dollar General had 15,370 stores in operation, more than any other off-price retailer worldwide. Dollar Tree, ranked second, with 15,237 stores that year.

Graph and download economic data for Producer Price Index by Commodity: Retail Trade Services: Book Retailing (WPU58H101) from Mar 2009 to May 2025 about book, retail trade, sales, retail, services, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Department Stores, Except Discount: Department Store Services, Except Discount Department Store (DISCONTINUED) (PCU4521114521111) from Dec 2003 to Dec 2017 about discount, retail, services, PPI, industry, inflation, price index, indexes, price, and USA.

In 2024, retail prices increased by 1.6 percent compared to the previous year, whilst consumer prices rose by 2.2 percent. The German consumer price index showed figures exceeding 100 percent in recent years.

Russia Structure of Retail Price: Amoxicillin: Retailers Costs for Delivery and Sell data was reported at 14.080 % in 2017. This records an increase from the previous number of 13.650 % for 2016. Russia Structure of Retail Price: Amoxicillin: Retailers Costs for Delivery and Sell data is updated yearly, averaging 14.740 % from Dec 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 16.320 % in 2013 and a record low of 13.650 % in 2016. Russia Structure of Retail Price: Amoxicillin: Retailers Costs for Delivery and Sell data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PF002: Structure of Retail Price: Non Food Products: Annual.

Digital Price Tags Market size was valued at USD 370.8 Million in 2023 and is projected to reach USD 1,576.9 Million by 2031, growing at a CAGR of 19.35% during the forecast period 2024-2031.

Global Digital Price Tags Market Drivers

The market drivers for the Digital Price Tags Market can be influenced by various factors. These may include:

Retail Digital Transformation: The retail sector is undergoing significant digital transformation, driven by the need for enhanced customer experience and operational efficiency. Retailers are implementing advanced technologies to streamline processes and meet consumer demands for instant information. Digital price tags facilitate real-time price adjustments, inventory management, and personalized marketing, creating an engaging shopping experience. This shift not only optimizes pricing strategies but also reduces labor costs associated with manual price updates. With consumers increasingly favoring tech-savvy shopping environments, retailers recognize digital price tags as a crucial component in staying competitive, thus propelling market growth in the digital price tags sector.

Increasing Demand for Automation: The growing push for automation in retail and pricing strategies is a significant market driver for digital price tags. Businesses are striving for operational efficiency, productivity, and cost savings, leading to the adoption of automated solutions. Digital price tags reduce the reliance on manual labor for price updates and inventory tracking, thus minimizing human error and enhancing accuracy. Additionally, as e-commerce continues to expand, brick-and-mortar stores are recognizing the necessity of adopting automated pricing technologies to remain relevant. As the demand for automated solutions grows, digital price tags are increasingly viewed as essential tools for modern retail operations.

Global Digital Price Tags Market Restraints

Several factors can act as restraints or challenges for the Digital Price Tags Market. These may include:

High Initial Implementation Costs: The digital price tags market faces significant restraints due to the high initial investment required for implementation. Retailers must incur costs for purchasing the equipment, software, and infrastructure needed to operate these advanced systems. Small and medium-sized enterprises may find these costs prohibitive, leading to reluctance in transitioning from traditional paper price tags to digital solutions. Additionally, ongoing maintenance expenses and the need for technical support further strain budgets, making it less appealing for some companies. The return on investment can be gradual, which may deter businesses from adopting digital price tags, ultimately hindering market growth.

Limited Consumer Awareness: Another restraint in the digital price tags market is the limited consumer awareness regarding the technology's benefits and functionalities. Many shoppers remain accustomed to traditional pricing methods and may not understand how digital price tags enhance their shopping experience, such as providing real-time pricing updates or promotional information. Retailers may struggle to communicate the advantages effectively, which can lead to skepticism and reluctance from consumers. This lack of awareness may result in slower adoption rates, preventing retailers from fully leveraging the technology to improve sales and customer engagement.

Retail trade sales, price, and volume, for Canada, includes all members under North American Industry Classification System. Data is seasonally adjusted, available on a monthly basis in dollars x 1,000,000.

The Department Store Inventory Price Index is an inventory weighted price index of goods carried by department stores, designed for use in preparing income tax returns by department stores. Group indexes are used by stores employing the Last-In-First-Out (LIFO) Method of Accounting in conjunction with the Retail Inventory method. Treasury Decision No. 5605 (March 4, 1948) expressly permits, in accordance with certain principles laid down in the decision, the use of the Elective Inventory Method by Taxpayers employing the Retail Inventory Method. The Bureau of Labor Statistics (BLS) is responsible for the technical accuracy of the index, but permission to use this index and the way in which it is used in tax returns is solely within the jurisdiction of the Internal Revenue Service.

National Retail Properties stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Unit of measurement: 2019=100. Seasonally Adjusted, Value of retail sales at current prices. Household goods stores, Great Britain. Year. Value and volume of retail sales for all businesses.