Scaremongers are using the term “retail apocalypse”. In truth it is simply a renaissance. The US economy is now steadily strong, leading to a consistent demand. Thus, a study was conducted by Deloitte Insights who used their superior business analytics capabilities to see through the vast quantities of data captured. A massive retail bifurcation is currently on. The high-income consumers own about ninety-three percent of all stocks. The lower income consumers on the other end, have barely received a seven percent capital gain over the last decade. The overall growth across channels though is pretty high. While price-conscious retailers have barely grown, the premium segment has leapfrogged way higher.

Source:https://www2.deloitte.com/insights/us/en/multimedia/infographics/future-of-retail-renaissance-apocalypse.html

Uploaded Date:24 July 2018