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How does social mobility affect retailerswhat wiped out the

Assignment

ANSWER THE QUESTION OF THE ARTICLE BELOW.

• Read the news article below and answer the following questions as if you were a Retail Executive and you were strategizing your company for the future here in the United States.

3 pages max

• What are 4 current trends of the middle class as discussed in the report provided?

• How does social mobility affect retailers?

• What wiped out the middle class wealth? How will the increase in debt by individuals and family affect retailers?

• What opportunities is globalization bringing to retailers?

• What effect will technology have on retailers (good and bad)?

• For most fashion retailers selling to the middle class, what is the best corporate strategy to follow based on the content of this report? Why?

Attachment:- Article.rar

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