Is retail starting to make its comeback?

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Consumers may be skittish with their spending of late, but that's not stopping retailers from keeping on the keepin' on. According to a report from RBC Capital Markets on, the retail business may be stabilizing. Analyst Rich Moore's July prediction of 64,925 new store openings in the next two years is a mere .02% below his May announcement of 65,000. That's a surprisingly positive sign when compared to his January prediction of 69,000 store openings, a January-to-May drop of 5.9%.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by Josey Miller published on July 19, 2009 8:47 PM.

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