SIC 5441 Candy, Nut, and Confectionery Stores
SIC 5441
This category includes establishments primarily engaged in the retail sale of candy, nuts, popcorn, and other confections.
445292
Confectionery and Nut Stores
According to the U.S. Census Bureau there were more than 3,000 of these kinds of stores in the early 2000s, with more than one-third employing nine or fewer people. Whether they were individual stores serving a local community or chains and franchises spread across larger areas, candy, nut, and confectionery stores faced stiff competition from convenience stores and other establishments that include retail sale of candy, nuts, popcorn, and other confections. In addition, firms like Bed Bath & Beyond Inc. added confectionary sections in 2006.
Challenges and opportunities in this industry are reflected in the performances of such well-known firms as Fannie May and Rocky Mountain Chocolate Factory. Fannie May filed for bankruptcy early in 2004 after struggling with falling sales, rising costs, and competition. Rocky Mountain Chocolate Factory, on the other hand, was included in Fortune magazine's annual list of...
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