In the United States, the retail industry is traditionally regulated by the Retail Law and the Environmental Protection Agency (U.S. The specified phenomenon is quite understandable, as the products such as food, clothes, articles of personal use, etc. CustomersĬustomers use the services of retail industries much more often than the ones of the real estate industry. The retail industry, in its turn, has a rather scarce amount of services, delivery being the primary one. ServicesĪpart from renting buildings, the real estate industry offers brokerage and property assessment, as well as research and rent. The real estate industry, in its turn, offers all kinds of immovable property, particularly, houses and flats for purchase, rent and lease. The retail industry is known for providing its target customers with products that are typically characterized as hard and soft goods, food and arts (). population could be met.Īccording to the statistical data, the size of the real estate industry makes approximately 945,500 employees (NAICS par. population is obvious () thus, retail industry must grow so that the increased demand of the U.S. The same can be said about the retail industry. (Annual Retail Industry Sales in the United States from 2000 to 2014 (in Trillion U.S. The phenomenon in question can be attributed to the development of the global market.įigure 1. In fact, as the graph below shows, the retail industry has grown significantly over the past decade in the United States. For instance, sales for retail reached $3.19 trillion, which is 3% higher than it was in the previous year ( Annual Retail Industry Sales in the United States from 2000 to 2014 (in trillion U.S. Industries Comparisonīoth retail and construction (real estate), which Wegmans and Camden correspondingly belong to, are considered rather prosperous industries. Incorporating their assets into their competitive strategies, Wegmans and Camden managed to attain impressive revenues in 2014 and integrate into the global market successfully, yet the organizations will have to consider shaping their HR strategies towards corporate social responsibility in order to maintain their quality standards.

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