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Retail Statistics You Should Know

Small Biz Trends

Here are interesting data from the National Retail Federation report to help you assess how big the retail industry is: Retail supports 1 in 4 American jobs, which is over 50 million American workers. The contribution of the retail industry reaches around $1 trillion Direct Labor Income. economy is retail, now you know.

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Mushrooms Truly are Magic for Retail and Foodservice

Rangeme

This recent frenzy for fungi goes back to the beginning of the pandemic, when consumers were facing a combination of boredom in the kitchen and fear of catching the virus. From a gourmet perspective, foraged items such as mushrooms are kind of a treasure hunt to find, and they opened up consumers to a lot of new cooking opportunities.”.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

It was easy for Forever 21 to capture the hearts and minds of young consumers looking for trendy apparel. Although clothing is a department store staple retailers like Sears or specialty retailers like Gap couldn’t keep up with a more nimble fast fashion retailer like Forever 21. Do you like this content?

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How Toys, Games, and Puzzles Became Essential During COVID-19

Rangeme

Indeed, once consumers finished buying up all the masks, hand sanitizer and toilet paper they could get their hands on, they turned to toys, games, puzzles and the like, driving 16.1 and Canada, and picked their brains on what category trends contributed to this growth during the pandemic. Interactive products for group activities.

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