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A new report by Moodys Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as well as increasing price wars between companies, according to a report by CNBC.The company slashed the operating profit forecast for 2019 to between 2 percent and 3 percent. It was previously between 5 percent and 6 percent. Moodys said the growth rate for 2018 was strong, at 4.9 percent.This year, sales were expected to be between 4.5 percent and 5.5 percent, but were lowered to between 3.5 percent and 4.5 percent.The changes stem primarily from the investments involved with eCommerce and intense competition fro <a href=https://www.cups-stanley-cups.us>stanley website</a> m big-box stores, Moodys said. Moodys cut the outlook for the industry from stable to positive.As retailers fight for market dominance, specialty stores and smaller stores that sell specific items, like footwear or clothing, continue to suffer. The competitive landscape is becoming very, very challenging, said Mickey Chadha, a vice president at Moodys. The small guys that are facing a lot more competitio <a href=https://www.stanleycups.co.nz>stanley mug</a> n arent keeping up with the pricing pressure and arent doing as well. Some of the issues involve the size of a store. A store thats between 60,000 80,000 square feet, for example, might not need as much space, but closing the store could also be bad f <a href=https://www.cups-stanley.uk>stanley uk</a> or business. The company said it could potentially use part of the store as a warehouse, but there would be costs associated with that as well. Just c Ycvh Consumers Love The Sharing Economy, But Are Ambivalent About eCommerce
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