The following chart shows monthly nonstore retail sales per nonstore retail employee.
In December 2020, there was $132k in nonstore retail sales per nonstore retail employee. That's a whopping $1.6 million per year pace and it’s a pace that continues to grow much faster than inflation.
There really isn't much of a future for retail employment, unless one happens to be a robot.
July 15, 2020
Reuters: Japanese robot to clock in at a convenience store in test of retail automation
TOKYO (Reuters) - In August, a robot vaguely resembling a kangaroo will begin stacking sandwiches, drinks and ready meals on shelves at a Japanese convenience store in a test its maker, Telexistence, hopes will help trigger a wave of retail automation.
Question #2 for 2026: How much will job growth slow in 2026? Or will the
economy lose jobs?
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Earlier I posted some questions on my blog for next year: Ten Economic
Questions for 2026. Some of these questions concern real estate (inventory,
house pr...
8 hours ago

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