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New York’s Shopping and Retail Industry

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New York shopping is a popular and a dearly loved pastime for both visitors and residents. There are enough retail stores to keep even the most devoted shoppers extremely busy. New York City is a Mecca for discerning fashionistas and clothing connoisseurs. The city has an undeniable appeal for shoppers from around the globe. In New York, when it comes to shopping your options are limitless, it is a shopper’s paradise.

The retail industry in the United States is vast. More than 14 million individuals are employed by retailers. That is more than 12 percent of the entire workforce. In the United States, there are over 1 million retail businesses currently in operation with a total of 4.7 trillion dollars in sales.

New York City is arguably the fashion capital of the world. The retail industry based there generates over 13 million dollars in sales, annually. From sales clerks to warehouse workers, there are over 270,000 New Yorkers, who work in retail establishments. This figure excludes drinking and eating establishments. The sector accounts for approximately 7.6 percent of the city’s total employment. In New York, you will find many of the best retail stores in the world. It is an amazing place for shopping.

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