RETAIL INDUSTRY

Retail Industry

[Name of the Institute]

Retail Industry

Introduction

Retail industry is one of the most popular industries in the world. It is the industry which provides the maximum profit. It is the most common industry which every country has, be it underdeveloped country, developing country, or developed country.

Retail Stores in US

This industry retails specialized lines of goods, with operators offering a wide and differing range of products. Hence, broad changes in consumer sentiment and spending patterns, rather than product-specific trends, drive the performance of the Small Specialty Retail Stores industry (Plunkett, 2007). Since the recession, consumers have curtailed discretionary spending, driving down sales ...