Retail establishments offering a wide range of products. in Panama - Sic Code 5311 (924 Companies)
Department stores are large retail establishments that offer a wide variety of products, from clothing and cosmetics to home goods and electronics. These stores typically provide a one-stop shopping experience with multiple departments under one roof.
Among the companies & organizations operating in this sic code are Department Stores, Retail Stores, Shopping Centers and Mall Anchor Stores.
Top 25 Largest Companies companies in Department Stores Industry
Department stores operate primarily on a B2C model, with revenue driven by direct consumer sales and seasonal promotions. The competitive landscape is challenging with rising e-commerce competition and shifting consumer habits, necessitating innovative in-store experiences and omnichannel strategies to remain relevant.
Industry Statistics
The total number of companies in Department Stores is 924
Company Size Distribution in Department Stores Industry
The distribution of companies by employee count shows that the majority (902) have between 1 and 100 employees.
Revenue Distribution in Department Stores Industry
The distribution of companies by annual revenue shows that 890 companies have revenue between $1 million and $5 million.
Quarterly exports in CSV in Bulk
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Top cities in Panama in Department Stores
# | Country | Number of companies | Percentage |
---|---|---|---|
1 | Colon | 74 |