American Retail

American retail is second among all the US industries as far as growth is concerned. Yearly turnover of the American retail industry has been around America $5 trillion.

American retail in the United States of America is expected to maintain the same trend of growth in future as well. This industry provides huge employment opportunities for the Americans. The USA is home to a number of leading brands in global retain industry like Wal-Mart, Apple store, Disney store, and many more. Wal-Mart alone employs more than 2,000,000 people in the America and nearly four hundred thousand across the globe.

Yearly sales turnover of American retail industry in America is huge and it accounts for more than twelve% of total trade volume of all the US based businesses. American retail industry is primarily characterized by prevalence of single-store businesses. These businesses account for nearly ninety five% of retailers doing business in the country. Total volume of transactions of single-store businesses is less than half of the yearly transaction of American retail in the US of A. Gross margin varies for different segments of the American retail; but generally it remains

American retail provides more than eleven% of total employment opportunities in the country. In the coming years, this sector is expected to provide more than fourteen% of total employment opportunities in the country. According to available data, the industry’s total sale volume in two thousand seven was nearly US$4,500 billion, while the corresponding figure in the two thousand six that was around US$3,900 billion. At the same time, e-commerce retail sale that was around US$122 billion in two thousand six, contributed nearly US$131 billion in two thousand seven. The following table presents some more data about American retail: