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Retail Industry Analysis Paper

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The retail industry is a segment of the economy that is contained of individuals and companies involved in the selling of finished products to end user customers. Multi-store retail chains in the U.S. are both openly traded on the stock exchange and privately owned. An assessed two-thirds of the U.S. Gross Domestic Product (GDP) comes from retail consumption. Therefore, stock closings and openings are used an indicator of how well the U.S. economy is undertaking overall. In 2016, a substantial number of store closings and insolvencies are an indication of both shifting consumer preferences, and an unstable economy. Dimension of the US Retail Industry International, total retail sales were more than $22 trillion in 2014, per a description from eMarketer.com. In 2105 retail sales were anticipated to reach $24 trillion in 2015. Total yearly U.S. retail sales have enlarged an average of 4.5% between 1993 and 2015, respectively the U.S. Census Bureau. The Major U.S. Retail Industry Companies: …show more content…

is the undoubted leader of the retail industry. Walmart is not only the largest global vendor, it is also the largest company of any kind in the creation. According to the 2015 Global Powers of Retailing statement, 76 of the major retailing companies in the world are based in the U.S. That's associated to 81 U.S. chains that revenues huge enough to be eligible them for the 2014 World's Largest Retailers lean in 2014. Some of these world's largest U.S. built retail chains function nationally, but an increasing number of the large U.S. retail chains are creating international retail company as

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Section A A1. A) Retailing is the business where an organization directly sells its products and services to an end consumer and this is for his personal use. By definition whenever an organization is it a manufacturing or a whole seller sells directly to the end consumer it is actually operating in the Retail space. B) Retail expansion is when the retailer reach out to new market segments or completely changes his customer base.

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