The Retail Sector in the U.S.

Paper Summary:

This paper presents an analysis of the retail industry in the U.S. and explains how sales and growth in retail reflect the economic recovery, or lack of recovery, that is underway. The paper looks at a variety of types of retail stores, including up-scale stores and stores that cater more toward middle-class or lower-income consumers, and points out that the lackluster sales in both retail areas make predictions of future economic recovery and growth difficult.

From the Paper:

"The retailer sector was lately affected by the back-to-school shopping season, which did not start so well, as midprice department stores, discounters and specialty-apparel retailers announced disappointing sales results during August, which reinforced the already much debated concerns that consumers are not comfortable with the current state of the economy and are reluctant to consume, considering the shaky and uneven economic recovery."

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