Survey Shows 3% Growth Expansion
IN every state of the union retailers and online sellers are concerned about one major aspect
of their business... sales! According to a new Bloomberg study of economists the U.S. economic
expansion will grow around 3% within the next yearly period. According to the reports the advances
have been steady and while there may not be major headwinds there are also only very minor
challenges appearing. This is excellent news for retailers moving towards the holiday sales season.
THE report cites lower jobless claims and progress in the employment market. There is also
accelerated consumer spending which is projected to grow just under 3% next year after climbing
slightly over 2.2% in 2014. The detractors from the good news cite elevated prices at the supermarkets
and gas stations that can create a risk to these report numbers and predictions.
WITH the federal government spending levels set through September of 2015 and the debt limit
suspended until March 2015 lawmakers have other issues to focus on and these big factors that can
sway the economy will not come into play. Apparently the sentiment is that Washington can’t screw
this up like last year!
Back To School Sale Projections
MANY of our businesses count on the billions of dollars spent on back to school merchandise
and it is the time of the year when we start stocking and selling that merchandise. Many big box
stores already started rolling out the back to school merchandise in July, while almost every store
will have the selling season in full swing by the time you are reading this report!
THE stores who started early are offering special discount promotions to kick off the season.
With consumers looking to save money and get good deals many were enticed to these early sales
and this year the shopping had started over two months before schools will open. There’s nothing
more depressing for a kid to run from their school at the final bell signaling summer recess with
thoughts of summer fun on his mind, only to be put into the mini van that very same weekend to
drive to the store to stock up on school supplies. Oh, the inhumanity of it all! Regardless of whether
the shopping is done early or within the next few weeks, the season promises to bring over $72
billion dollars worth of sales into retailing outlets. Make sure that your store gets it’s piece of the
profits!
Retailing Tidbits
MAYBE your business needs drone delivery to make better profits and stay competitive. The
mega giant Amazon has asked the FAA for permission to let it ramp up their development of delivery
drones that can fly up to 50 miles per hour. I always found this funny when people talk of flying cars
in the future also. Most people drive horribly - and now little flying objects dropping bags of dog food
from the sky on our doorsteps! Maybe I’m old and out of touch, but this seems to be the stupidest
idea I have heard lately. The reality is that toy drones have been flying around, people have been
getting hurt and having idiots at Amazon flying products through the air is just idiotic. By the way,
did I mention it’s a stupid idea?
SHOPPING for your casket at the mall has just become easier. Forest Lawn cemetery got a
genius idea to open a funeral store kiosk at the Galleria Mall in Glendale, California. You can pick up
an Annie’s Pretzel and make your funeral arrangements. Maybe a drone can fly your body over to the
cemetery too!
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