Several economic trends are redefining the retail landscape and continuing the bifurcation of the U.S. population. Just call us barbell nation.
The barbell effect has U.S. retailers concerned as the middle class gets squeezed and shoppers increasingly fall into the very high or very low end of the consumer spectrum. Simply put, the rich are getting richer and the middle class is getting poorer — and our retail stores reflect this.
Source: The rich are getting richer... and going shopping - The Week
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Tuesday, August 6, 2013
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