US Retail Sales Statistics Are Up For May, Looks Good

3.8 % increase for same-store reports over last year, over the same time frame. LOL

Not enough to just say sales are up, retail sales resume. Overall the spring season is down, however May itself has shown an increase. This is good for now, lets hope it holds.

What are some of the ways retailers can improve sales?

Giving their employees more retail sales training is one. Retail sales by definition means over the counter, direct to consumer. If you are going to sell direct to a consumer you best be polite, courteous and darn well know what you are talking about.

If retailers were to do a whole bunch more retail merchandising training and have the manager give out certificates for in-house training we all might be a little more inclined to shop outside the home, hey, just for the experience of it all.

What is hurting the retail sales figures is the introduction of online sales, well ok, online sales started 10 years back, but it is growing yearly in popularity, taking away from brick and motor sales.

Dispensing machine, vending machines and now the newest term: automated retail stores or product dispensing centers are catching on in popularity. They take up little real estate, they operate 24/7 and most just require a little power to them.

Are retail merchandising jobs on their way out the door? Probably not, at least for the big corporations like Radio Shack which has recently been valued at over $3 billion.

There is still money around and it is being spent.

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Posted by Darryl Slade on Jun 1 2010. Filed under Featured News, Shopping, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry