{"id":10572,"date":"2019-12-11T17:08:21","date_gmt":"2019-12-11T15:08:21","guid":{"rendered":"https:\/\/www.become.co\/blog\/?p=10572"},"modified":"2021-08-19T10:06:21","modified_gmt":"2021-08-19T07:06:21","slug":"retail-sales-report","status":"publish","type":"post","link":"https:\/\/www.become.co\/blog\/retail-sales-report\/","title":{"rendered":"Retail Sales Report: US Retail Statistics &#038; Trends for 2019"},"content":{"rendered":"\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Business is booming for US retailers. Unemployment is low, as are interest rates and inflation, and wages are up. All in all the perfect recipe for retail success. Consumers have money and they\u2019re not afraid to spend it.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">But how can you as a retailer tap into this goldmine without knowing the lay of the land? We at <a href=\"https:\/\/www.become.co\/apply\" target=\"_blank\" rel=\"noopener noreferrer\">Become<\/a> conducted a study and created a report to help retailers understand what&#8217;s happening in their industry, and beat their competition.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"alignright size-full wp-image-10590\" src=\"https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/boxed-text-1.png\" alt=\"\" width=\"887\" height=\"207\" srcset=\"https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/boxed-text-1.png 887w, https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/boxed-text-1-300x70.png 300w, https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/boxed-text-1-768x179.png 768w, https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/boxed-text-1-604x141.png 604w\" sizes=\"(max-width: 887px) 100vw, 887px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<blockquote>\n<p style=\"text-align: left;\">Are the most successful retailers online or traditional?<\/p>\n<p style=\"text-align: left;\">In which state can a US retailer earn the most revenue?<\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">What\u2019s the most lucrative type of retailer?<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">How is your competition performing in your state and nationwide?<\/span><\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\"><strong><a class=\"btn btn-lg btn-success\" href=\"https:\/\/mailchi.mp\/become.co\/us-retail-sales-report-2019\" target=\"_blank\" rel=\"noopener noreferrer\">See Full Report<\/a><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/mailchi.mp\/become.co\/us-retail-sales-report-2019\" target=\"_blank\" rel=\"noopener noreferrer\">Become&#8217;s report<\/a> uses data from over <\/span><span style=\"font-weight: 400;\">2,000 retailers across the U.S. over a two-year period (2017-2019) to answer all these questions and more. How does your business measure up? Keep reading to find out.<\/span><\/p>\n<h2>Tools To Beat Your Retail Competition<\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Despite all the chain store closures of early 2019, retail trends show that the industry is on the upswing. According to the <\/span><a href=\"https:\/\/nrf.com\/insights\/economy\/state-retail\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">National Retail Federation<\/span><\/a><span style=\"font-weight: 400;\">\u2019s (NRF) retail sales figures, for every company that closes stores 5.2 are actually opening new stores. US retail sales 2019 are up &#8211; the NRF predicted that <\/span><a href=\"https:\/\/www.reuters.com\/article\/us-usa-retail-outlook\/u-s-retail-sales-expected-to-top-3-8-trillion-in-2019-nrf-idUSKCN1PU1YM\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">US retail sales would increase by 3.8%-4.4% in 2019<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">But the market is highly competitive. Not only do small retailers need to compete with the chain stores and Amazon, they also need to compete with each other.&nbsp;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Armed with the information in this retail sales report, retailers can take proactive steps to grow their businesses in this lucrative environment and beat their competition.<\/span><\/p>\n<h2>Retail Report Key Findings<\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">According to the retail sales data that Become collected from over 2,000 US <\/span><span style=\"font-weight: 400;\">businesses, it looks like retailers aren\u2019t doing too badly, as we expected!&nbsp; There were, however, some unexpected surprises\u2026<\/span><\/p>\n<h2>Best State for Retail Sales 2019<\/h2>\n<p>&nbsp;<\/p>\n<p><iframe class=\"giphy-embed\" src=\"https:\/\/giphy.com\/embed\/1b2sQSPD974E8\" width=\"480\" height=\"272\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 9px;\"><a href=\"https:\/\/giphy.com\/gifs\/south-park-comedy-central-1b2sQSPD974E8\" target=\"_blank\" rel=\"noopener noreferrer\">via GIPHY<\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Colorado has a hell of a lot more going for it than just South Park. Surprisingly, retailers earn the most revenue in Colorado, Arizona, and Florida, overtaking even California and New York.&nbsp;&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-10635\" src=\"https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/Frame-4-1-300x220.jpg\" alt=\"\" width=\"1148\" height=\"841\" srcset=\"https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/Frame-4-1-300x220.jpg 300w, https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/Frame-4-1-768x563.jpg 768w, https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/Frame-4-1-369x270.jpg 369w, https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/Frame-4-1.jpg 1148w\" sizes=\"(max-width: 1148px) 100vw, 1148px\" \/><\/p>\n<h2>Which Are The Top-Performing Retailers?<\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Based on the <\/span><a href=\"https:\/\/www.become.co\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Become<\/span><\/a><span style=\"font-weight: 400;\"> retail sales statistics, 39.44% of US retailers are fashion, clothing, sports stores, 27.12% are e-commerce businesses and 11.15% are groceries, supermarkets and bakeries.&nbsp;<br><img decoding=\"async\" class=\"alignnone wp-image-10855\" src=\"https:\/\/www.become.co\/blog\/wp-content\/uploads\/2019\/12\/component_12-1.jpg\" alt=\"\" width=\"1464\" height=\"658\"><br><\/span><\/p>\n<p><span style=\"font-weight: 400;\">This indicates that although online shopping is growing, consumers still enjoy the in-store experience, particularly when it comes to trying on clothing. To optimize retail sales, a retailer could sell both online and in-store.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Which of these retailer types bring in the most revenue? <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">If you assume e-commerce is the sure winner, you\u2019re wrong!<\/span><\/p>\n<h2>How Does Your Retail Business Shape Up?<\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Gain full insight into the retail industry and get expert retail business tips in the full report. Armed with specific knowledge and tools you can improve your revenue and become a retailer to be reckoned with.<br><br><strong>To request access to the full US Retail Sales Report 2019 (it&#8217;s free!), click below:<\/strong><br><br><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\"><strong><a class=\"btn btn-lg btn-success\" href=\"https:\/\/mailchi.mp\/become.co\/us-retail-sales-report-2019\" target=\"_blank\" rel=\"noopener noreferrer\">See Full Report<\/a><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Business is booming for US retailers. Unemployment is low, as are interest rates and inflation, and wages are up. All in all the perfect recipe for retail success. Consumers have money and they\u2019re not afraid to spend it. &nbsp; But how can you as a retailer tap into this goldmine without knowing the lay [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10850,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,12],"tags":[403,404,405],"class_list":["post-10572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-us-resources","tag-retail-sales-report","tag-retail-statistics","tag-retail-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Retail Sales Report: US Retail Statistics &amp; Trends for 2019 - Business Funding Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.become.co\/blog\/retail-sales-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail Sales Report: US Retail Statistics &amp; Trends for 2019 - Business Funding Blog\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Business is booming for US retailers. 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