When will the economic crisis affect the retail industry?

Updated on Financial 2024-04-27
12 answers
  1. Anonymous users2024-02-08

    1. The international economic crisis has affected the international retail industry. The number of new store openings at many international retailers has decreased significantly and will continue to do so;

    2. The economic crisis will affect China's retail industry to a greater extent. China's retail industry should be cautious and adjust its business strategy in a timely manner;

    3. You should be careful not to expand the scale of operation, do not operate high-end goods and services, control long-term expenses such as: rent, contracts, and purchase volume to control, and consider exiting in time if you find that the turnover is rapidly decreasing.

  2. Anonymous users2024-02-07

    1. In the event of an economic crisis, the most powerful thing is to endanger the confidence of consumers, consumers are not confident in their future income, and naturally reduce consumption, therefore, the occurrence of an economic crisis will naturally immediately affect the retail industry, which is manifested in the form of a decline in total retail sales and a reduction in consumer consumption.

    2. China's retail market is mainly affected by the consumption capacity of domestic residents, and because the degree of domestic social security is not perfect, such as medical care, education, housing, etc., it greatly restricts residents' consumption.

    3. It mainly depends on the market around you, the degree of competition, the consumption capacity of the surroundings, the stalls you lease and the level of market management costs, etc., and you can continue to make a profit.

  3. Anonymous users2024-02-06

    It is estimated that there will be an impact next year, I am in the network industry, and the impact has been great recently.

  4. Anonymous users2024-02-05

    The most recent economic crisis should have been the financial crisis that erupted on 15 September 2008 and triggered the global economic crisis.

    1. Cause: U.S. financial institutions blindly issue mortgage loans to subprime credit home buyers. As interest rates** and house prices fell, subprime mortgage defaults continued to rise, culminating in the subprime mortgage crisis in the summer of 2007.

    The crisis led to the collapse of companies and institutions that overinvested in subprime derivatives and triggered a severe credit crunch around the world.

    2. Outbreak: The subprime mortgage crisis in the United States eventually triggered a global financial crisis. In September 2008, the bankruptcy of Lehman Brothers and the takeover of Merrill Lynch marked the beginning of a full-blown financial crisis.

    3. Big events.

    On September 15, 2008, Lehman filed for the largest bankruptcy protection debt in U.S. history, exceeding $613 billion.

    On September 16, 2008, Bank of America acquired Merrill Lynch, the third-largest investment bank in the United States with a history of 94 years, for about $44 billion, and the price was only 30% of the peak price of Merrill Lynch.

    On September 17, 2008, less than two days after Lehman Brothers filed for bankruptcy protection, the Federal Reserve of the United States took over the group by announcing an emergency loan of $85 billion to the ailing American International Group (AIG).

  5. Anonymous users2024-02-04

    If the global recession continues in the next few years, which industries will suffer first?

    There is no shying away from saying that there are five types of industry practitioners who will be sad. First of all, the real estate industry and its related manufacturing industries, such as building materials, doors and windows, household hardware, whole house customization and other industries, as well as large appliances such as air conditioners, refrigerators, range hoods and other decoration facilities, these industries will be more difficult in the future.

    The second category is light luxury brands. The main customer group of affordable luxury brands is the middle class. As for the recession, the main recession is the middle class, and the economic recession does not have a great impact on the rich and the poor.

    For luxury goods for the rich, the impact is not great, and the rich are richer before they come. As for the poor, they have little spending power in the first place. And the light luxury positioning of the product Yuxi brand will decline with the decline of the middle class.

    The third is the non-essential service sector. Like beauty salons. Service industries such as housekeeping, childcare, catering training, etc.

    Not to mention tourism. The fourth is a variety of equipment industries that produce various non-essential products, such as various professional-level electronic products such as audio recording and photography. The last category is the various intermediaries and distributors.

    In the incremental era, brands hope to rely on the local potential of various dealers to help them quickly open the market.

    Therefore, it will give dealers enough profit margins. But in the age of stock. In order to stabilize their own revenues, the brand will face the uproar in the consumer town and form a competitive pattern with dealers. The era of eating reeds and becoming fat by earning the difference has passed.

    You may be a little sad to see this, is it that you can't do anything during the recession? Actually, no, in a recession, there are still some businesses that can survive well. For example, the state is now vigorously supporting the specialized, special and new industries.

    In addition, if other industries want to live well, they must grasp these two hooks: linked to consumption downgrading, and linked to anxiety relief.

  6. Anonymous users2024-02-03

    The balance is broken, and the drumming fails.

  7. Anonymous users2024-02-02

    The cyclical outbreak of economic crises is the result of a combination of factors.

    First, the economic cycle is made up of two links: production and consumption, and the coordination between these two links takes time. It takes time for production to grow, and so does the response of consumers. When production grows faster than consumption, there is a surplus, leading to an economic crisis.

    Secondly, the economic crisis is also related to the currency**. When the currency** increases excessively, it can lead to inflation, which will eventually upset the positive balance of the market and cause an economic crisis.

    In addition, the economic crisis is also related to policy failures. Policies tend to affect the functioning of the economy, and if the policy is wrong, it will lead to economic instability, which will lead to economic crisis.

    There are some other factors, such as natural disasters, geopolitical conflicts, etc., that can lead to an economic crisis.

    Therefore, the cyclical outbreak of the economic crisis is caused by a combination of factors, which requires in-depth analysis and analysis to better cope with the challenges of the economic crisis.

  8. Anonymous users2024-02-01

    The reasons for the outbreak of the economic crisis are usually multifaceted, and the common ones include the following:

    Economic Cycles: Economic development has a natural cyclical nature, including booms, recessions, and recoveries. Economic crises usually occur during the recession period of the economic cycle, causing a contraction in economic activity and a decline in productivity due to a decline in market confidence and a decrease in investment and consumption.

    Financial risk: Various risks in the financial system, such as credit risk, liquidity risk, market risk, etc., may be magnified or exposed at some point, leading to a financial crisis and the collapse of the entire economic system.

    Policy mistakes: Mistakes in macroeconomic control, monetary policy, tax policy, etc., may have a negative impact on the economy and trigger an economic crisis.

    International factors: changes in international politics, economy and relations, such as turbulence in the international financial market, wars, currency exchange rate fluctuations, etc., may also have an impact on the economy and trigger an economic crisis.

    It should be noted that the specific causes of economic crises are often complex and multifaceted, and there may be different reasons behind different economic crises.

  9. Anonymous users2024-01-31

    1. It is caused by the imbalance of the economic structure, that is, the so-called structural crisis. Among them, the imbalance of industrial structure is the manifestation of concentration and industrial structure, which directly leads to the contradiction between employment structure and product structure, and then leads to economic chaos and crisis. If the large-scale adjustment and consolidation of the economic structure is not handled well, it may also trigger an economic crisis of overproduction.

    2. It is caused by the contradiction between production and consumption. In particular, the long-term backlog of important means of production is serious, and once it is expanded to other fields, it may lead to a crisis.

    3. This is caused by the first-class macroeconomic regulation and control policies and measures. **Monetary policy, fiscal policy, industrial policy and income policy used for macroeconomic control, if used improperly, will also cause economic crisis.

    4. When the world economy falls into recession or serious problems occur in a certain country or field, it may trigger a regional economic crisis or even a global economic crisis.

  10. Anonymous users2024-01-30

    Hello Zhongxun! Thank you for your question. Economic crises are caused by a complex interweaving of many factors, but are often rooted in problems in the financial and economic system.

    In many cases, economic crises are caused by credit over-expansion, real estate bubbles, market crashes, etc.

    For example, the 2008 global crisis was caused by the bursting of the real estate bubble. At that time, banks and other financial institutions issued a large number of low-interest loans to borrowers with low credit risk, which led to a boom in the real estate market. However, these low-credit risk borrowers were unable to repay their loans, the real estate market collapsed, and banks and other financial institutions suffered losses, triggering the global financial crisis.

    In addition, economic crises can also be caused by political factors and tensions in international economic relations. For example, a war between two countries could lead to a slowdown in the global economy, which could trigger an economic crisis. In short, the economic crisis is a very complex issue, which requires a comprehensive consideration of the impact of various factors.

  11. Anonymous users2024-01-29

    Summarizing the main points of Marx, Engels, Lenin, and Stalin's expositions on economic crises, we can get the following general reasons for the occurrence of economic crises:

    First of all, they believe that the economic crisis is an economic phenomenon unique to capitalist society, and the specific causes of the outbreak of the capitalist economic crisis are: the blindness of competition, the contradiction between production and consumption, the contradiction between the development of productive forces and the relatively narrow market, the expansion of wholesale commerce and monetary credit, the overproduction of major consumer goods and fixed capital, the imbalance of production ratios, the leapfrog development of the economy, and imports and exports.

    On the other hand, these factors also exist under the conditions of the socialist market economy, and the circulation process is still a prerequisite for reproduction, so the economic crisis also has the reality of occurring in China. It is not because we have eliminated the capitalist system that we have eliminated the economic crisis, as long as there is a market economy, there is the possibility of an economic crisis, and the economic crisis is a "physiological phenomenon" of the market economy.

    However, it has to be said that the causes of the economic crisis are becoming more and more diverse, and the causes of the economic crisis cannot be generalized, from the Japanese economic crisis in previous years, the Russian economic crisis, to the Southeast Asian economic crisis, and then to the current Vietnamese financial crisis, although there are common reasons, for example, the first manifestation is the emergence of the financial crisis, but there are more different reasons, so it is difficult to say that the causes of the economic crisis can be summarized in one word, and we can only make a more targeted and in-depth specific analysis of the specific situationOnly then can we study the objective and deep-seated causes of the economic crisis.

  12. Anonymous users2024-01-28

    caused by the subprime mortgage crisis in the United States.

    The current US financial crisis did not stem from the bankruptcy of Lehman Brothers. The essence of this crisis is that the virtual currency obtained by market speculation is much larger than the real value of the currency. The trigger point was the subprime mortgage crisis.

    It can be said that due to the unfavorable regulation of **, the global financial industry has been chaotic and inflated for a long time. The financial crisis is bound to erupt, and 08 is just the time to break out.

    2. Virtual money has become too high, and real money has to fulfill its duties. As a result, the bank adjusted its credit rating, resulting in a failure to borrow money, which in turn affected**. From **, it began to spread to the whole society.

    3. The result of the integration of the world economy. In fact, the financial forms in the United States and Europe are very similar. They all rely on the "inflated" of the financial industry to disguise the real economy.

    The prosperity of the American economy is really just an illusion. When the ** is much higher than the real value, and the real money is not so much, it will naturally cause such a result.

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