Friday, July 7, 2017

The retail sector remains strong despite media reports

I read an interesting article on Forbes.com that sets out to dispel the myth that retail is struggling. Although it's not purely grocery-related, I thought I would share it. Below are the six "fast facts" cited by the article, as well as a link to the story for more info on each one.

1. National retail rents reached a nine-year high in Q1.
2. Major retail brands are still expanding.
3. U.S. retailers are leasing the pack in international expansion.
4. Brick-and-mortar is taking over e-commerce, not vice versa.
5. Warren Buffet just bet big on the sector.
6. Fundamentals reflect continued strength in the sector.

Here's the story: 6 fast facts about retail that dispel the myth that the sector is struggling

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