In a written submission, using APA formatting, answer the following questions:
2010 and 2050, what type of retailers will be most affected by changes
in the ethnic makeup of the population? Will these same retailers be
affected by the changing age distribution?
is important for a retailer to understand that as boomers age, they
change their shopping behavior. Can you provide one example from current
events where a retailer successfully adapted to this changing behavior?
Can you provide an example where a retailer hasn’t done a good job of
adapting to these changes?
recent trend—parents returning to live with their children or children
returning to live with their parents—is going to have the most
significant impact on retailers? What can retailers do to take advantage
of these trends?