Retail: 2003 to present

Another chart from NYT on the change in retail sales from 2003 to present.  For the last 6 years or so, stores for grocery, clothing, building and materials, and furniture all posted a decline. So did auto dealers and department stores.  But restaurants, bars, liquor stores, computer stores, and warehouse stores tell a different story.

NYTRetail

Courtesy of the NYT

That building materials stores, furniture and home stores, and auto dealers plunged shouldn’t come as a surprise.  However, it’s interesting to note that grocery stores have been on the losing streak since 2003. That is, if the year may be taken as a valid base year/starting point to measure changes in the retail landscape.

Source: NYT (ht to Ritholtz)

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