Are Shopping Malls in America Going the Way of the Dodo Bird?
By the Numbers As of 2017 there were over 116,000 shopping malls in the United States.[i] Retail shopping in America is a booming industry. During the second quarter of 2019, U.S. retail sales amounted to over $1.3 billion dollars. And while some people speculate that...
Dispensaries in America – Overcoming Payment Issues for America’s Hottest Industry
The State of Marijuana Currently, marijuana is legal for recreational use in eleven states and the District of Columbia. Additionally, thirty-three states, plus the District of Columbia, have legalized medical marijuana. With over half of the United States having some...
Restaurants in America – What Owners Need to Know
A Growing Industry Means Big Numbers for Restaurateurs Dining out in America is serious business. In 2017, Americans spent $798.7 billion dollars in food and drink at restaurants.[i] That’s almost a trillion dollars in one year. Millennials and Generation Xers tend to...
Hotels in America – Standing Out in a Crowd
The Industry Recovery The U.S. hotel industry has rebounded after the 2008 economic recession. In 2008, the occupancy rate of the hotel industry fell to 59.8% and fell again in 2009 to 54.6%. However, in the intervening years, as the economy rebounded, so too did the...
