4582 - Shoe Retailers
When it comes to classifying businesses in the retail industry, the NAICS code 4582 plays a crucial role in identifying Shoe Retailers. Whether you're a business owner, government contractor, or shopper curious about the industry framework, understanding this code helps clarify the operations involved in the footwear retail sector. In this post, we dive into everything about NAICS 4582, from definitions and examples to eligibility standards and FAQs.
What is NAICS Code 4582?
NAICS code 4582 specifically pertains to Shoe Retailers—establishments primarily engaged in the retail sale of new footwear. This includes a wide range of products such as shoes, boots, sandals, and other types of footwear designed for direct consumer purchase. These businesses may operate as specialty shoe stores or as dedicated shoe departments within broader retail outlets.
Sector Overview: Retail Trade
NAICS 4582 falls under the broader category of the Retail Trade sector, which encompasses establishments that sell merchandise directly to end consumers. Shoe Retailers form an important segment within this sector, focusing exclusively on footwear products.
Typical Business Activities under NAICS 4582 include:
- Specialty shoe stores offering a comprehensive range of footwear
- Boutique footwear shops targeting niche markets or luxury brands
- Shoe departments inside multi-product retail stores like department stores or malls
- Retail outlets selling shoes along with accessories such as socks, insoles, and shoe care products
NAICS 4582 Size Standards for Eligibility
The U.S. Small Business Administration (SBA) sets size standards to determine whether businesses qualify as small enterprises under NAICS 4582. For shoe retailers, the key metric is generally annual revenue:
- Size Standard: Typically, businesses are considered small if annual receipts are up to $38.5 million
(Note: Size standards can be subject to change or vary based on specific federal contracting requirements.)
Meeting this size standard is essential for businesses seeking eligibility for certain government contracts and programs aimed at small businesses.
Examples of Businesses Under NAICS 4582
Here are some typical company types that fall within this NAICS classification:
- Local and national shoe store chains like Foot Locker or Shoe Carnival
- Boutique stores specializing in designer or custom footwear
- Shoe outlets within larger department stores such as Macy's or Nordstrom
- Independent small shoe stores serving local communities
NAICS Code 4582 - Shoe Retailers: Code Details Table
| NAICS Code | Title | Sector | Description | Size Standard | Typical Businesses/Activities |
|---|---|---|---|---|---|
| 4582 | Shoe Retailers | Retail Trade | Establishments retailing new footwear (shoes, boots, sandals) to consumers | Up to $38.5 million in annual receipts | Shoe stores, footwear boutiques, shoe departments |
Frequently Asked Questions (FAQs) About NAICS 4582
Q1: Can shoe retailers sell used or refurbished footwear under NAICS 4582?
A1: No. NAICS 4582 covers the retail sale of new footwear only. Businesses primarily selling used shoes fall under different classifications.
Q2: Are online shoe stores included in this NAICS code?
A2: Yes, online shoe retailers primarily engaged in selling new footwear directly to consumers are classified under NAICS 4582.
Q3: Is selling shoe accessories enough to qualify as a shoe retailer?
A3: No. The primary business activity must be the retail sale of new footwear. Accessories alone do not fall under NAICS 4582.
Q4: What is the significance of size standards for shoe retailers?
A4: Size standards help determine if a shoe retailer qualifies as a small business for purposes of federal contracting and other government programs.
Q5: Can a department store with a shoe section be classified under NAICS 4582?
A5: Yes. If the shoe department operates as a distinct retail unit primarily selling new footwear, it can be included under NAICS 4582.
Conclusion
NAICS code 4582 - Shoe Retailers is a crucial classification within the Retail Trade sector, encapsulating all businesses focused on selling new footwear directly to consumers. Understanding the definition, sector overview, size standards, and examples helps business owners and government contractors better navigate industry regulations and opportunities.
Whether you run a niche shoe boutique, manage a department store's shoe section, or sell shoes online, knowing your NAICS classification and eligibility criteria empowers your growth and compliance in the retail marketplace.
Optimize your shoe retail business strategy by fully leveraging what NAICS code 4582 represents today!
