This market is very decentralized, the top three retailers accounting for only 16% of the market. Those leading retailers are Michaels Stores, Jo-Ann Fabrics, and A.C. Moore.

Geographic reference: United States
Year: 2008
Market size: $31 billion
Source: “Deutsche Bank High Yield & Leveraged Finance Conference,” October 1, 2009
Original source: CHA, equity research and public filings