- The shifting retail industry is creating new opportunities in direct-selling
- Remote employment and work-from-home positions are projected to make up the majority of the U.S. workforce by 2027
- The company is focused on elevating entrepreneurs with much-needed resources in the ever-growing global direct-selling market
A quick search of the retail industry suggests that the sector is dying, as stores such as Payless, Walgreens, JCPenny, Victoria Secret and more announce closures. However, a closer look reveals that the industry is not dying; it is merely changing. People are skipping crowded malls and shops and opting for the ease of e-commerce and the comfort of direct-selling. According to Statista, the direct-selling market brought in $64 billion in the Americas, with wellness products leading the way with 33.8 percent of total industry sales. An estimated 20.5 million people are involved in direct-selling in the United States, marking a 31 percent increase over a five-year period (http://nnw.fm/4wlVp).
The United States is also experiencing a shift toward entrepreneurship and working remotely. Companies specializing in the direct-selling industry, such as Sharing Services Global Corporation (OTCQB: SHRG), are ready for the influx. According to a…
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://nnw.fm/SHRG
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information please visit https://www.NetworkNewsWire.com