Environmental Analysis

Environmental Analysis General product stores are defined as retail stores that sell a number of lines, such as dry goods, apparel and accessories, furniture and fellowship furnishings, small wares, hardware, and provender (Levine, 2000). General merchandise stores are subdivided into triad major groupings: plane section stores, variety stores, and miscellaneous general merchandise stores. Each of these three groupings has different characteristics. Target Corporation is one of the most ordinary discount retail companies in North America. First unfastened in 1962 in Minneapolis, MN, strives to sell trendy retail merchandise at discounted prices. Target sells a variety of retail goods, including home furnishings, clothing, toys, electronics, kitchen appliances, infant kick products, pharmaceutical goods, optical goods, and personal care products (Mittal, 2007). The Target Corporation has been a constant contributor in the retail market industry by posting get around than industry sales increases every year beginning in the 1990s (Levine, 2000). There are numerous macroeconomic indicator variables that imply the retail industry. Some of which include the disposable personal income, consumer confidence, disport rates, gross domestic product (GDP), inflation, unemployment, the expansionary policy and consumer price index finger.

The post of Labor Statistics defines the consumer price index (CPI) is a measure of the average out change in prices over time in a market basket of goods and services (2007). If a comp any has to constitute an increase in prices, they will pass the costs onto the consumer. The infra graph represents the change in Consumer Price Index over the past several years: The graph shows that the consumer price index has not been steady over the years by any means. In 2000, the CPI peaked around 3.50% and took a downwards slope post 9/11. Since 2002, the CPI has been gradually on the rise, with a slight dip to just under 3.0% stand year in 2006. As you can see in 2007, the... If you want to get a full essay, order it on our website: Orderessay

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