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Retailers In The Food and Beverage Industry Outrank Competitors

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Actual Sales Figures In Millions Of Dollars For Retailers
Actual Sales Figures In Millions Of Dollars For Retailers

Ever wonder what industries are bringing in the most sales? For retailers or people thinking about becoming a retailer, the census.gov website publishes these figures by industry. The latest report was released August 13, 2014. We have created an easy to read graph that shows which industries have made the most revenue in the last quarter.

The food and beverage industry comes out the winner. In the month of July, 2014, this incredible industry brought in $55,890,000,000. $55 billion dollars in sales makes the food and beverage industry the most lucrative of the group.

Other notable sales came from the health and clothing industries. Coming in second the health and personal care industry brought in $25,114,000,000 billion, almost half of what the food and beverage industry brought in. The clothing industry raked in $21,205,000,000.

The National Retail Federation (NRF) predicts a 4.1% increase in retail sales for 2014. NRF President and CEO Matthew Shay, said, “Measured improvements in economic growth combined with positive expectations for continued consumer spending will put the retail industry in a relatively good place in 2014.” Kathy Grannis, writer for nrf.com says, “Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy.”

Magic Trade Show In Las Vegas – The Business Of Fashion

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magic-retailer-tradeshows-las-vegasTwice a year, in February and August, thousands of fashion retailers meet in Las Vegas for the Magic Vegas trade show. The show is the world’s largest marketplace for fashion buyers and brands. More than $200 million dollars in orders are written daily at this popular trade show.

You’ll find am array of merchants offering products ranging from contemporary men’s and women’s apparel to footwear, accessories and sourcing resources! Magic fuels the business of fashion.

Dates for this years’ Magic show will be August 17, 18, 19 and 20th at the Las Vegas Convention center. This is a must see event for anyone in the retail fashion industry.

There will be a series of educational sessions designed to help the novice retailer and the more experienced retailers. If you want an overview of everything that is happening in retail, manufacturing and branding in the United States, you can attend the session given by Christopher Griffin, PRESIDENT of WWDMAGIC & SOURCING. Educational sessions are given each day throughout the conference.

For the online retailer, sessions will cover creating successful web strategies, driving more traffic from search engines and converting traffic into leads and sales. They even top that off with using analytics to increase revenues.

Attending the Magic show could be just the impetus you need to start your own retail business!

Las Vegas Trade Show Pairs Buyers, Sellers

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asd-las-vegas

Forty thousand participants rubbed shoulders recently as the ASD (Associated Surplus Dealers) Vegas trade show held its annual extravaganza in the Nevada city’s Convention Center. The show, which has staged its yearly meeting of buyers and sellers for more than 50 years, continues to thrive and evolve.

The convenience of having thousands of exhibitors showing their goods in the style and beauty, jewelry, gift, toy and value categories all under one roof again attracted thousands of buyers who find the yearly blowout a good way to see more of what’s available, spend time with the vendors and place their orders.

Seminars on such current topics of interest to the retail community as social media enhancements, search engine strategies, e-commerce and global sales strategies attracted large audiences.

The Vegas show again attracted representatives of the wholesale and mass retail arenas. They included those from the large chain retail stores, independent retailers, online retailers, distributors, boutique franchisers, mall carts and kiosks. They had a dazzling array of goods in the most comprehensive selection of general merchandise in the country.

Hear what retailers are saying about ASD Las Vegas:

Les Kleinberg
Glitz in the City; Salt Lake City, UT
“It’s big and it’s in Las Vegas––that’s why I attend ASD. It’s everything we need and more all in one place. I buy jewelry, purses and wine glasses. I do cash & carry here and I’ve found new products and suppliers we may place orders with. We attend San Francisco International Gift Show as well, but there is more merchandise at ASD all in one place.”

Rich Richardson
Best Tires for Less; Temecula, CA
“Having merchandise for sale keeps our female customers entertained while they are waiting for their cars. We have purses, backpacks, luggage, stun guns. My wife is also buying cash & carry jewelry for herself. We need what’s new and different to keep people buying––that’s why we come to ASD.”

Reed Fowlers
Big West Sales; Kaysville, UT
“We’re here looking to place orders on items to sell at our hundreds of stores throughout the West – mostly gas stations and convenience stores – and to network with suppliers. This is one of the major shows that we attend every year.”

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The BowsNBags blog presents retail store owners with resources that will be helpful to them in growing their businesses. From suggesting conferences to attend to finding the best sources for their products, we cover a wide range of simple, helpful tips and suggestions for your retail store operations. On our store front at BowsNBags, we provide our customers with all the supplies they will need to wrap packages for customers, to provide shopping bags for customer and to provide retail gift … Read More

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