As Consumers Earn, Retail Rises [Infographic]
As incomes rise, so does consumerism - a look at how this translates to the retail world.
In the rising retail sector, incomes are being spent most on gasoline, building and gardening, health and personal care, and hobby related goods. In light of this, those retailers that are planning to open more locations: Dunkin Donuts, Dollar Stores, Pharmacies. While retailers that are planning closures: physical movie stores, book stores, shoe stores.