Chain Store Age
Retail same-store sales posted an estimated 1.9% growth during the past 10 years.
That’s according to a review of U.S. retail highlights of the past decade by Refinitiv, which found that the 1.9% growth was slightly above the long-term average of 1.7% since it started collecting the data in 2004. The report found that the two sectors that stood during the past decade were discounters and department stores: The department stores deteriorated the most of all the retail sectors, while the discounters started outperforming towards the end of the decade. . . . more