Buy a Retail Business for Sale

Powered by Consumers – Buy a Retail Business for Sale

March 16th, 2011

Jonathan Dionisio

When the tax cuts took effect, the government expected consumers to use it to boost the economy by purchasing products. It seems like this is what is happening now. Since then, consumers have been maximizing their purchasing power to buy various products and services, thereby stimulating the economy and making business profitable. Of course, the industries at the forefront are retail businesses. Recent data from the U.S. Commerce Department could supplement your company’s decision to buy a retail business for sale.

The Commerce Department announced that the country’s retail and food services sales for February 2011, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, reached $387.1 billion, an increase of 1.0 percent from the previous month, and 8.9 percent compared last year.

Increased consumer spending on numerous products and services primarily contributed to the overall 1% gain in retail sales. The biggest gainers for February are motor vehicle and parts dealers, with 2.4 percent increase in sales from January to February, followed by sporting goods, hobby, book, and music store with 1.3 percent. Public consumption of wine, electronic gadgets, appliances and other miscellaneous items also increased by 0.9 percent.

Currently Corporations4Sale represents several companies involved in these areas:

An improving labor market contributes in boosting spending. Labor Department figures showed that employers added 192,000 jobs in February, and the unemployment rate fell to 8.9 percent, the lowest since April 2009.

“Consumer spending is still expanding at a healthy pace. Some of the strength we saw during the holidays continued into this year. That bodes well for the economy remaining on track for recovery,” said Gary Thayer, chief macro strategist at Wells Fargo Advisors in St. Louis. Meanwhile, Julia Coronado, chief economist for North America at BNP Paribas in New York said “Consumers are not yet showing any ill-effects from rising food and energy prices.”

Consumer activity is the best measurement if the economy is growing or not. With the strong and constant spending made by consumers, your company can be assured that by purchasing a retail business for sale, your acquisition deal will be the strongest and most profitable move your company has ever made.

Sources:

http://www.census.gov/retail/marts/www/marts_current.pdf

http://www.reuters.com/article/2011/03/11/us-retail-idUSTRE72A2UQ20110311

http://online.wsj.com/article/SB10001424052748703597804576194262655280364.html

http://www.bloomberg.com/news/2011-03-11/retail-sales-in-u-s-climb-most-in-four-months-on-car-clothing-purchases.html