Here is quick review of retail sales for the United States.

1. Retail Sales – United
States – May 2019
Paul Young CPA, CGA
June 14, 2019

2. Paul Young - Bio
• CPA, CGA (1996)
• Financial Solutions (2015 to Present)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• SME – Business Strategy and Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
• Total Retail Sales by Segment
• Augment Reality and Retail
• What happen in 2018
• What’s next

4. Retail Sales by Segment
Source – BMO Economics

5. Total Retail Sales / United States
Source - https://www.census.gov/retail/index.html

6. 6
Augment Reality / IKEA App

7. 7
Augment Reality / Clothing App

8. 8
Augment Reality – Home Renovations App

9. Loblaws / Phone App for scanning purchases
• Scanning application as part of improving the shopping experience.
Source -https://www.cbc.ca/news/business/loblaws-walmart-shop-
and-scan-technology-1.4912024?cmp=rss

10. Restaurant Automation
Source - https://www.canadianmanufacturing.com/manufacturing/robot-servers-and-3d-menus-whats-on-tap-at-the-restaurant-of-the-future-229415/
Patrons enter a cafe and pass by a hologram of coffee pouring from a carafe into a cup. They scroll
through a three-dimensional menu and see exactly what each dish will look like to help them decide
what to order. A small robot, arms fixed to a tray, delivers the meal to the table and says “Your food
is here.”
That is what the restaurant of the not-too-distant future looks like, say those developing the
technology, which they argue can boost company profits and lower labour costs.
But so far, only a few eateries in Canada have embraced robotics and other high-tech offerings, and
more owners may be hesitant to do so due to high costs in a low-margin industry.

11. What’s next USA Retailers
• Store Closures - https://www.foxbusiness.com/retail/features-retail-apocalypse-bankruptcy-
stores-closing
• Trade Protectionism Issues (China vs USA) https://abcnews.go.com/Business
• Income Growth – “White House Council of Economic Advisers Chairman Kevin Hassett on
Friday said that continued income growth will act as an “insurance policy” that will
insulate the U.S. against a global economic slowdown and keep GDP growth around 3%.”
https://www.cnbc.com/2019/06/07/hassett-us-income-growth-is-an-insurance-policy-
against-bad-gdp.html
• eCommerce and Sales Tax – “South Dakota vs. Wayfair, Inc., also known as the “Wayfair
decision,” is a Supreme Court ruling ushering in a whole new tax era… potentially.45 states
and their local governments lose up to $33 billion annually, because they do not tax remote
sellers. (Why just 45? Because Alaska, Delaware, Montana, New Hampshire and Oregon do
not have sales taxes at all.) With the Wayfair decision, states can begin taxing these remote
retailers and recouping that revenue. ” https://quaderno.io/blog/south-dakota-vs-wayfair-
how-the-supreme-court-ruling-changes-us-sales-tax/