Museum Shops and Stores
SIC 5947 | NAICS 453220
The following guide to industry information, research, and analysis provides sources for
industry trends
and statistics, financial ratios, salary surveys, and more.
See
the following sections listed below to view available resources by category:
industry analysis, trends, statistics, and
forecasts; financial
statements and financial ratios;
compensation and salary surveys;
and business valuation resources.
For guides to other industries, see
our index of over 400 industries.
Industry Analysis, Trends, Statistics, and Forecasts
Comprehensive market research reports provide in-depth industry analysis and five-year forecasts,
with special focus on the underlying structure and external forces and relationships
that affect industries and their performance. Topics addressed in the reports include:
- Market size, product segments, and major markets
- Key industry trends, statistics, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Sample report and selected data including market size based on revenue, five-year average growth rate, number
of businesses, and total employment are available free online.
MSA
Museum Store Magazine
https://museumstoreassociation.org/
Quarterly trade magazine features news and information for museum store professionals, with topics covered
including industry news and events, retail trends, store operations, new products, merchandising, marketing
strategies, customer relations, and more. Sample
digital edition
of the magazine can be viewed free online; contact the trade association for more information on how to
access and/or subscribe to this publication.
Great American Publishing
Museums & More Magazine
http://museumsandmore.com/
Quarterly trade publication features news and information for specialty gift shops serving museums, zoos,
aquariums, botanical gardens, and other tourist attractions, with topics covered including industry news
and events, retail trends, new products, business operations, and more. Selected articles from current and
prior issues of the magazine and current and prior digital editions of the magazine are available free online.
Pinnacle Publishing Group
Gift Shop Magazine
http://www.giftshopmag.com/
Quarterly trade publication features news and information for specialty gift shop owners and managers, with
topics covered in each issue of the magazine including product trends, retail strategies, visual merchandising,
marketing ideas, and retailer profiles. Selected articles from current and prior issues can be viewed online,
with the "museum" search results featuring articles specific to specialty gift shops serving these organizations.
Routledge & CRC Press
Information resources available from this organization include:
Museum Store: The Manager's Guide
https://www.routledge.com/
Eight-chapter publication provides practical guidance for successfully operating a retail operation,
with topics covered in individual chapters including tracking performance, managing merchandising, legal
considerations, designing displays, managing personnel, customer service, effective marketing, and selling
merchandise online. Summary description and detailed table of contents from the report can be viewed
free online.
MSA Retail Industry Report
https://www.routledge.com/
Annual report provides a comprehensive analysis of museum store operations, with topical sections including
MSA membership, store and institution profiles, store sales figures, staffing, compensation, merchandising,
marketing, best practices, and summary statistics by facility size, annual gross sales, type of museum,
and geographic region. Summary description and detailed table of contents from the report are available
online.
BizMiner
Market Analysis
https://www.bizminer.com
Market analysis report provides industry statistics for a user-defined area on a national,
state, county, metro area, or zip code level, with data provided including number of
companies, market volume and sales trends, average company
sales, sales per employee, staffing and employment trends, average employee wage, and business start up
activity and failure rates. Sample report can be viewed online.
Financial Statements and Financial Ratios
BizMiner
Industry Financial Ratios
Gift, Novelty, and Souvenir Shops
https://www.bizminer.com
Search for "453220"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios,
with data available by sales size range on a national, state, and metro area level including:
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
Sample reports are available online.
Routledge & CRC Press
MSA Retail Industry Report
https://www.routledge.com/
Annual report provides a comprehensive analysis of museum shop operations, with financial data provided
for all stores and by store size based on annual gross sales volume including net sales; cost of goods sold;
gross margin; net sales to inventory; inventory turnover; net sales to number of transactions; and gross
margin per square foot, visitor, and transaction. Summary description and detailed table of contents are
available online.
Compensation and Salary Surveys
Routledge & CRC Press
MSA Retail Industry Report
https://www.routledge.com/
Annual report provides a comprehensive analysis of museum shop operations, with personnel data provided
for all stores and by store size based on annual gross sales volume including staffing levels for employees
and volunteers, retail staff positions, compensation for full-time employees, and fringe benefits for full-time
employees. Summary description and detailed table of contents from the report can be viewed free online.
AAM
National Comparative Salary Study
https://www.aam-us.org/
Comprehensive study provides detailed compensation data for 48 key job positions, with compensation data
for museum store managers broken out by gender; highest degree attained; institution budget size, discipline
(art, history, combination, and other), and governance; geographic location (urban, suburban, and rural);
and regional association (AMM, MPMA, NEMA, and SEMC). Sample
study can
be downloaded and viewed online.
Business Valuation Resources
BVMarketData
www.bvresources.com
Private company sales transaction data for over 800 industries.
About | Contact | Privacy | Terms
© 1999-2021 Valuation Resources, LLC