With consumer spending accounting for 70 percent of economic growth, national retailers and associations plan to blaze new trails. They started to do just that on Sunday at the Annual Council of Retailers Association meeting in Deadwood.
150 national leaders got together at the Deadwood Lodge to exchange ideas and discuss issues affecting the retail industry.
Research firm, ShopperTrek estimates 2011 holiday retail sales to trek behind last year’s 4.1%. Despite the low estimates, retail leaders say two other issues have topped their list.
“Immigration affects retailers and hiring of employees,” said Marty Jackley,South Dakota’s Attorney General.
“The other thing that can really help is trying to get online retailers to collect sales tax,” said Michelle Ahmes, Executive Director of Arizona’s Retail Association.
Attendees say they hope to network, as well as get a better understanding of other retail leaders’ perspective on the business. National retail leaders will visit tourist attractions in the Black Hills in addition to attending the educational meetings, which wrap up on Tuesday.