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Consumers Short Term Focus Boosts Sales

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By: TOM BRANNA

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Retail Forward’s recent audio forum, “The Retail Industry Outlook—Long Live the Consumer,” reported the retail environment is being driven by the “nearsighted consumer,” whose short-term focus will continue to boost retail sales. According to the team of economists on the forum, supercenters, warehouse clubs, building materials/home improvement, convenience stores and consumer electronics and appliances will be the strongest performing channels over the next five years. The economists also forec...

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