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An American Day

The U.S. Department of Labor regularly publishes data on the lifestyles of Americans, including the amount of time spent on various activities.

an-american-day

Recently, the Wall Street Journal created the graphic shown below out of 2012 data on American adults. From a retailing perspective, note: People average 43 minutes per day on shopping activities — about 5 hours per week.

?RETAIL

Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale, and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations like stores or markets, door-to-door or by delivery.

Retail is the sale of goods or commodities in small quantities directly to consumers.

Retail Sales Worldwide

Retail sales worldwide—including both in-store and internet purchases—will reach $25.366 trillion this year, according to new figures from eMarketer.Retail Sales Worldwide

The global retail market will see steady growth over the next few years, and in 2018, worldwide retail sales will increase 5.5% to reach $28.300 trillion. 23.12.2014

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