Shopping & Retail Franchise Opportunities
The retail sector is the largest private employer in the United States, directly or indirectly supporting 42 million jobs and generating $2.6 trillion annually. It is predicted that franchise retail sales will grow in year 2020. The shopping and retail industry already generates an estimated 17% of total U.S. GDP. Perhaps surprisingly, most retailers in the U.S. are small businesses and franchises, not big box stores.
Shopping and retail franchises include clothing boutiques, hardware stores, discount party stores, and many more brick and mortar store fronts and kiosks. Franchises can connect with local vendors and local community needs. This is a huge advantage that franchises have over the growing e-commerce competition.
Shopping and retail franchises generate $2.6 plus trillion in revenue annually
It is predicted that in year 2020, franchise retail sales will grow 10%
Shopping and retail generate 17% of total U.S. GDP annually
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