Retail Business for Sale

Retail Business for Sale –Still a ‘Buy’

July 19th, 2011

Jonathan Dionisio

Consumer spending has always been one of the best indicators as to the status of the economy. The decision to spend money and where they allot their hard earned cash testifies to how they feel about their life – whether it’s improving or not. With the current (and somewhat depressing) job statistics and previous (gloomy) reports, it seemed like it could only get worse. But guess what? It didn’t. Retail businesses are getting a good boost from consumers – and everything else has been following accordingly.

June retail sales report exceeded the expectations of analysts. Same-store sales were at 6.5 percent. That is incredible considering that analysts were expecting just 4.9 percent due to lower consumer confidence and higher gas prices.

The majority of the 25 retails companies tracked by Thomson Reuters posted positive sales change. "It’s a good sign that the consumer is feeling good and prepared to spend appropriately," Macy’s Inc (M.N) Chief Executive Terry Lundgren told Reuters. Good sales were attributed to discounts offered by stores and back-to-school shopping.

But it is not only essential items that consumers are swiping through the cash register. According to the Spending Pulse, discretionary spending seems to be picking up pace.

“It reflects that despite all the bad news, the consumer still basically feels like they’ve got money in their wallet,” said Al Sambar, a retail strategist at the consulting firm Kurt Salmon.

Reports may show that consumer confidence may not be that high, but they continue to purchase items both luxury and necessity. This should serve as your green light to consider buying a retail business for sale.

The following companies for sale are listed on Corporations4Sale.com:

Reports during the past few weeks about the economy, overall market health and other business indicators have been bleak. Much like what has happened now, businesses have always had a way of surprising naysayers and bearish analysts. Full recovery may be slow but it is happening. As a company looking for ideal acquisition opportunities, you should not hesitate to pursue your plans. Who knows, you might even surprise yourself on how much your business will improve within a year or two.

Sources:
http://blogs.forbes.com/heatherstruck/2011/07/07/retail-extravaganza-june-sales-beat-estimates/
http://blogs.wsj.com/economics/2011/07/07/june-sales-how-retailers-fared-3/
http://www.nytimes.com/2011/07/08/business/retailers-beat-expectations-for-june.html
http://www.reuters.com/article/2011/07/07/us-usa-retail-idUSTRE7643UZ20110707