By Emma Taylor, BBC NewsMagazine and The Atlantic StaffThe American retail trade is a complex one, with many parts and lines and thousands of suppliers, but it has emerged as one of the most valuable areas of the US economy.
The US retail trade, which has grown by 20.7% since 2006, is one of two main categories of trade in the US – the other being goods and services.
But it is the supply chain that has been a big focus of the media in recent years, with the BBC’s Simon Jenkins and BBC World Service’s Matthew Johnson.
They spoke to Mark Schiller, the chief executive of the International Association of the United States Retail Association (IARSA), about the sector.
What is the US retail supply Chain?
Mark Schiller: The US is the world’s largest supplier of goods and other consumer goods, and is also the largest buyer of US imports.
The world’s second largest producer of goods, after China, it is responsible for 40% of the world market for consumer goods.
What it means to be an American retailer?
Mark: There are four main areas in which the American retail industry is important to the US: retailing, retail finance, distribution and warehousing.
It is also a key market for some goods in the European Union.
The US has been one of Europe’s fastest growing economies, and the US has seen a huge expansion of the retail sector in recent decades.
It has expanded its supply chain and the way it sells its goods, as well as a big expansion in the number of retail outlets in the United State.
What are the most important areas of supply chain?
Mark has three key areas to highlight in his list: finance, warehousing and retail supply chains.
The retail finance industry, which supplies retailers, is a key component of the supply chains that supply all the other sectors of the economy.
Warehousing and distribution is a big component of that supply chain, and has become the largest consumer goods supplier in the world, supplying 40% to 60% of total US sales.
It supplies all the consumer goods used in retail chains, from department stores to fast-food chains, supermarkets, restaurants and bars.
Distribution is another key component.
How does the supplychain work?
Mark says there are three major lines of supply chains: supply chains for retail, warehouses and distribution.
Supply chains are designed to be interdependent, meaning that the products being supplied can change at any moment.
This means there are a number of different suppliers and their products.
These supply chains are important to retail because they allow customers to select the products they want to buy and the retailer can ensure that the best prices are set.
Retailers supply these suppliers with their products, and are then responsible for ensuring that these products meet their customer’s expectations.
For the US, the supply of goods for the retail supplychain is the most complicated.
The United States is the only developed country that has no national retail supply management system.
That is because we don’t have a unified national supply chain for the country, and therefore have to be very careful to make sure that the supply system works for each retailer.
Mark is also very clear about the importance of warehousing, the other key component in the supply network for the entire retail sector.
This is where most of the stores are located, and this is where they are sold and when they are bought and sold.
Warehousing is also critical to the distribution of goods in an economy like ours, as the distribution system has to keep track of the goods that have been bought and the products that have already been delivered to the store.
What happens when a product goes bad?
Mark tells us how warehousing has become an important part of the American economy, as many of the products used in our retail supplychains are now out of production.
But we also have to worry about things like a broken window in a store.
What happens when an item goes bad and becomes unavailable?
Mark gives us a few examples of items that have gone bad and how they have changed from one store to the next.
In one example, a product that is used in many of our stores now has to be re-sold to another store to be delivered.
In another example, the customer may decide that the product that they want is no longer a popular product.
How do you fix a broken product?
Mark explains that this is something that can be done very easily with some simple software.
It can be resold at a different store, or it can be returned to the original store, and that has to happen very quickly.
What do you do when the product goes out of stock?
Mark also talks about the problem of the product being out of date.
He explains that, over time, things can deteriorate, so you have to buy a new one, which is expensive.
What if you have some of the older products?
Mark then gives us another example of a product which has not