Market News

For the battered retail sector, 2021 seems to have good things in-store.  Just recently, the National Retail Federation issued a revised forecast for the year, anticipating that retail sales will now grow between 10.5% and 13.5% as the economy accelerates its pace of recovery.

The popularity of small local retailers has risen of late, due in large part to the evolution of social media, when effectively utilized in tandem with owner attention to traditional fundamentals inherent to the business.

As of this writing, Spring 2018, nationally, retail is experiencing a seismic shift. Online shopping and other changes in the way people shop won’t “kill” retail, but it will change the face of it.