The projections for a robust retail segment this year are good. The National Retail Federation is forecasting retail sales in the U.S. could grow anywhere between 6.5 percent and 8.2 percent this year; and 50 million square feet of new retail space is anticipated to open this year, according to tracking by Coresight Research.
This projected growth is happening alongside a growing trend of retailers depending on cellular connectivity more than ever for efficient operations, customer satisfaction, and increased sales.