Here is a brief look at the United States August 2020 retail sales.

1. USA RETAIL SECTOR
Paul Young CPA CGA
September 17, 2020

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• Retail Sector / July 2020 – United States
• Restructuring of Retail
• Commercial Property / Amazon
• Consumer Spending / USA
• Analytics / Retail
• Supply Chain / Analytics
• RPA / Retail

4. USA RETAIL
SALES / JULY
2020
Source -
https://economics.bmo.com/en
/publications/detail/ac138903-
d8a5-4f95-9bdc-
d0b130d331af/

5. USA RETAIL SALES – AUGUST 2020
Source - https://www.census.gov/retail/index.html

6. RETAIL SECTOR / RESTRUCTURING
• The retail sector will be forced into restructuring due to following
• High debt levels – Leasing and other obligations
• Restructuring of debt
• Expansion of eCommerce
• Restructuring of their business model
The running list of 2020 retail bankruptcies
The pandemic has ushered in a wave of bankruptcies as retailers struggle to pay rent, vendors and other
expenses. - https://www.retaildive.com/news/the-running-list-of-2020-retail-bankruptcies/571159/
More that 3,600 companies have filed for bankruptcy protection in the USA -
https://nymag.com/intelligencer/2020/08/major-companies-filing-for-bankruptcy-due-to-
coronavirus.html
USA Retail - https://www.buxtonco.com/blog/the-top-15-u.s.-retail-markets and COVID19 -
https://www.icsc.com/coronavirus/resources-for-the-retail-and-real-estate-industry-on-covid-19

7. COMMERCIAL
PROPERTIES /
AMAZON
Source -
https://ca.finance.yahoo.com/n
ews/amazon-taking-over-
empty-jc-penney-stores-
means-the-end-of-the-mall-
former-retail-ceo-
155616339.html

8. CONSUMER SPENDING/USA
Source - https://www.conference-board.org/research/us-forecast

9. ANALYTICS / RETAIL

10. ANALYTICS / SUPPLY CHAIN

11. RPA

12. TECHNOLOGY
• Augment Reality - https://techiesindiainc.com/role-of-augmented-reality-in-retail-2020/
• Risk / Audit Analytics - https://www.ey.com/en_fi/consulting/how-to-use-real-time-data-to-mine-better-
insights
• Group consolidated F/S - https://www.youtube.com/watch?v=G9Fi04K9oe0
• Dashboards vs Reports - https://www.youtube.com/watch?v=gHBsVDmAdOY