The ever$-$evolving Retailing industry is an important part of both the US and world economies. In today$$s marketplace, only those retailers that interpret and respond to change will be positioned for long$-$term success. In this assignment, you will explore the ways in which Retailing impacts the U$.$S$.$ economy, and the changes the industry is undergoing today. You will also investigate a specific retail organization and determine what steps, if any, the retailer is taking to maintain$/$advance its position in the marketplace.

INSTRUCTIONS

$2.$ Read the following industry reports, which are attached for your convenience:

a$.$ The Economic Impact of the US Retail Industry $($NRF$,2020),$ pages E$2-$ E$6$ and pages $920$;

b$.2023$ Retail, Wholesale and Distribution Industry Trends Outlook $($Deloitte$,2023)$;

$3.$ Prepare a paper, up to two $(2)$ pages in length, analyzing Retailing in the U$.$S$.$ More specifically, explore the following: $($Paper MUST be in APA style$)$

a$.$ How, and in what ways $($at least three$),$ does the Retailing industry impact the U$.$S$.$ economy? Provide examples and$/$or data;

b$.$ What are some of the key changes $($at least three$)$ that are affecting retailers today, and what are the general implications of those changes?

c$.$ What is Zara doing to respond to those changes in order to ensure its viability in the changing marketplace? $($You will likely have to do some research on this$).$