After the presidential election of the US, various industries and the retail industry are also beginning to question on what the effect of this unexpected win on their businesses will be. Some retail experts have suggested that the new president can truly have an effect on the retail industry, because the supply chain and the labor changes can reduce the profitability of some retail companies.
Reasons why new president can affect retail
Some of the main reasons given for such negative forecasts include:
- Donald Trump has expressed his disapproval of the NATA agreement…