The PESTEL analysis of the Retail Industry shows how multiple factors have contributed to the expansion of the business. With an objective PESTEL analysis of the retail industry, you can decipher the potential growth they can attain. Retail firms can figure out their strategies based on the PESTEL to ensure their growth in terms of presence and sales. The PESTEL analysis of the retail industry gives an idea about the challenges it may face, which can impact its business.
