Wednesday, January 17, 2018

Retail sales to grow 3% annually through 2021; store openings to outpace closures

Chain Store Age

Retail industry sales are expected to remain on the upswing for the next several years and so are store openings.

A new report by Zebra Technologies, conducted with IHL Group, projects that retail industry sales in North America and EMEA regions (Europe, the Middle East and Africa) will rise 3% annually through 2021, led by a shift to greater e-commerce/omnichannel sales volume. 

The year 2017 saw more retail store openings than closures and store openings are expected to outpace closures through 2021, according to Zebra’s 2017 Retail Transformation Study. . . . more