Amidst Retail Decline, Bright Spots Remain
CHICAGO—The US economy has been steadily rising for years, but even as many sectors make great progress, brick-and-mortar retail seems like an exception. Consumer confidence hit a 17-year high in November and most experts believe it will remain at a high level in 2018. Overall retail sales increased in 2017, and indicators point to a successful holiday shopping season. But the rise of e-commerce has introduced a new sales channel that helps undercuts many traditional stores.