WHY AMERICANS AREN’T SHOPPING

In The Daily Scoop by Accessories Staff

Unemployment is down, gas is cheap and interest rates remain low. So why is American retail suffering? Blame the weather (most retailers can’t swiftly adjust to crazy weather patterns when their orders are placed 6 months in advance). Blame the presidential election (retail is traditionally tough during election uncertainties, but a polarizing candidate such as Trump adds fuel to that fire). Blame the end of conspicuous consumption. And other reasons. Read more at Business of Fashion

 

 

 

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