458320 Luggage and Leather Goods Retailers
6-digit U.S. detail
458320

Luggage and Leather Goods Retailers

Description

This industry comprises establishments primarily engaged in retailing new luggage, briefcases, and trunks, or retailing these new products in combination with a general line of leather items (except leather apparel), such as belts, gloves, and handbags.

Hierarchy

CodeTitleDescription
45
Retail Trade
2-digit sector
The Sector as a Whole The Retail Trade sector comprises establishments primarily engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. Retail stores are fixed point-of-sale locations, located and designed to attract a high volume of walk-in customers. In general, retail stores have extensive displays of merchandise and use mass-media advertising to attract customers. Retailers often reach customers and market merchandise with methods other than, or in addition to, physical stores, such as Internet websites, the broadcasting of "infomercials," the broadcasting and publishing of direct-response advertising, the publishing of paper and electronic catalogs, door-to-door solicitation, in-home demonstration, selling from portable stalls (street vendors, except food), and distribution through vending machines. Establishments engaged in the direct sale and home delivery of products, such as home heating oil dealers and home delivery newspaper routes, are included here. Retail establishments typically sell merchandise to the general public for personal or household consumption, but some also serve business and institutional clients. These include office supply retailers, computer and software retailers, building materials dealers, plumbing supply retailers, and electrical supply retailers. In addition to retailing merchandise, some retailers are also engaged in the provision of after-sales services, such as repair and installation. For example, new automobile dealers, electronics and appliance retailers, and musical instrument and supplies retailers often provide repair services. As a general rule, establishments engaged in retailing merchandise and providing after-sales services are classified in this sector. Retail trade establishments are grouped into industries and industry groups typically based on one or more of the following criteria: (a) The merchandise line or lines carried; for example, specialty retailers are distinguished from general-line retailers. (b) The usual trade designation of the establishments. This criterion applies in cases where a retailer is well recognized by the industry and the public, but difficult to define strictly in terms of merchandise lines carried; for example, pharmacies and department stores. (c) Human resource requirements in terms of expertise; for example, the staff of an automobile dealer requires knowledge in financing, registering, and licensing issues that are not necessary in other retail industries. The buying of goods for resale is a characteristic of retail trade establishments that particularly distinguishes them from establishments in the agriculture, manufacturing, and construction industries. For example, farms that sell their products at or from the point of production are not classified in retail, but rather in agriculture. Similarly, establishments that both manufacture and sell their products to the general public are not classified in retail, but rather in manufacturing. However, establishments that engage in processing activities incidental to retailing are classified in retail. This includes optical goods retailers that grind lenses, and meat and seafood retailers that process carcasses into cuts. Wholesalers also engage in the buying of goods for resale, but they are not usually organized to serve the general public. They typically operate from a warehouse or office, and neither the design nor the location of these premises is intended to solicit a high volume of walk-in traffic. Wholesalers supply institutional, industrial, wholesale, and retail clients; their operations are, therefore, generally organized to purchase, sell, and deliver merchandise in larger quantities. However, dealers of durable nonconsumer goods, such as farm machinery and heavy-duty trucks, are included in wholesale trade even if they often sell these products in single units.
458
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
3-digit subsector
Industries in the Clothing, Clothing Accessories, Shoe, and Jewelry Retailers subsector retail new clothing, clothing accessories, shoes, jewelry, luggage, and leather goods.
4583
Jewelry, Luggage, and Leather Goods Retailers
4-digit industry group
This industry group comprises establishments primarily engaged in retailing new jewelry (except costume jewelry); new sterling and plated silverware; new watches and clocks; and new luggage with or without a general line of new leather goods and accessories, such as hats, gloves, handbags, ties, and belts.
45832
Luggage and Leather Goods Retailers
5-digit NAICS industry
See industry description for 458320.
458320
Luggage and Leather Goods Retailers
6-digit U.S. detail
This industry comprises establishments primarily engaged in retailing new luggage, briefcases, and trunks, or retailing these new products in combination with a general line of leather items (except leather apparel), such as belts, gloves, and handbags.

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Classification References

  1. 01Retailing used luggage and leather goods--are classified in Industry 459510, Used Merchandise Retailers;
  2. 02Retailing general or specialized lines of new clothing accessories (e.g., gloves, handbags, or leather belts)--are classified in Industry 458110, Clothing and Clothing Accessories Retailers; and
  3. 03Retailing new leather coats and other leather apparel--are classified in Industry 458110, Clothing and Clothing Accessories Retailers.

Index Items

Leather goods stores

Luggage stores

How Item Can Help

The Warehouse Management System optimizes storage and retrieval of diverse inventory, such as seasonal luggage and perishable leather goods, ensuring high pick accuracy during peak holiday sales.

Order Management Systems unify channels to process complex returns and cross-store shipping requests quickly, keeping customers informed of real-time leather product availability.

Transportation Management Systems plan efficient routes for heavy freight shipments of oversized bags, reducing delivery times and fuel costs for this bulky retail sector.

External Resources

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