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8.A. - Page 40 of 56 <br />In summary, the trend in retail is constant change. Much of that change will ultimately be positive for <br />the industry, but there still may be more difficult challenges before stability is achieved. The unknown <br />factor today is the state of the world economies, and the impact of the current trade war between the <br />United States and China, both of which could have an impact the small gains retail has made over the <br />last few years. <br />260 <br />