Retail sector lobbying expenditures increased by 31 percent in Q1–2017 compared with the same period last year, according to OpenSecrets.org. Better technology and the resulting shift in shopping culture has let to economic distress for the retail sector, especially for … Continue reading →
Puerto Rico’s population has dropped by about two percent per year for the past three years, according to Bloomberg. The U.S. territory, which is grappling with a $74 billion debt and an unemployment rate over 12 percent has also seen … Continue reading →
High in-migration and lower unemployment rates have created positive conditions for the Denver retail sector. During Q-1 2017, Denver saw lower vacancy rates than during any quarter of 2016, according to Colliers International. Net absorption during this quarter was positive … Continue reading →
Having failed to secure Federal Trade Commission (FTC) approval, Rite Aid and Walgreens Boots Alliance have scuttled plans to merge. Instead, Walgreens will acquire 2,186 Rite Aid stores and three distribution centers for $5.175 billion in cash. Under this deal, … Continue reading →
Cambodia’s economy has been growing at over seven percent per year for the past six years, according to Frontera. Foreign investment in the southeast Asian country of about 16 million people with a nominal GDP of about $20 billion has … Continue reading →
The rule of 70 is fast method to estimate the amount of time it takes for a certain variable to double, regardless of what the variable represents. To estimate the amount of time it takes Stress is one of the … Continue reading →
In 2016, half of all the capital investment in U.S. manufacturing was in chemical plants, up from less than 20 percent in 2009, according to Morningstar (citing Census Bureau data). According to the American Chemistry Council there are $185 billion … Continue reading →
Restaurants make up more than half of food spending today compared to about 25 percent in the 1950s, according to The Atlantic. Total locations in the fast-casual sector (chains such as Chipotle and Sweetgreen) grew by nine percent last year … Continue reading →
Nordstrom Inc.’s founding family is considering taking the luxury department store chain private. The Nordstrom family currently owns about 30 percent of the company’s shares and has a combined net worth of about $3.6 billion, according to the Toronto Star … Continue reading →
According to the Bureau of Labor Statistics, six percent of American workers (eight million people) are retail salespeople and cashiers. Between 2014 and 2024, cashier jobs are expected to grow by only two percent, slower than the seven percent average … Continue reading →