Home » Industry News » Retail’s Market Share of Labor Workforce on the Decline

Retail’s Market Share of Labor Workforce on the Decline

Retail sales just notched their best month since 2012, according to the National Retail Federation, and the industry has added almost one million jobs since 2010.

But those positive stats obscure a more complex and potentially troubling story in retail—particularly for its employees, an Atlantic story reports.

That’s because the business of selling things is becoming much more efficient. Sales-per-employee have gone from $12,00 to $25,000 in the last two decades—even as consumers spend more, we need fewer workers to stock shelves and process orders.

Click here to read the full story.

About Amanda Bell

Amanda Bell was an assistant editor of Hardware Retailing and NRHA. Amanda regularly visited with home improvement retailers across the country and attended industry events and seminars. She earned a degree in magazine journalism from Ball State University and has received honors for her work for Hardware Retailing from the Association of Marketing and Communication Professionals.

Check Also

Ace cybersecurity incident

Ace Hardware Reports Increase in Q1 2024 Revenues

Ace Hardware Corp. reported first quarter 2024 revenues of $2.1 billion, an increase of $51.6 …