Insight Report 6 minutes PremiumUS Tax Reform Presents an Opportunity for Investment in “Better Retail” Coresight Research January 9, 2018 Executive Summary The recently enacted Tax Cuts and Jobs Act provides an opportunity for established brick-and-mortar retailers in the US to invest in “better retail” and, in doing so, create a virtuous circle of higher sales and greater investment. Legacy retailers could choose to invest in upgrading store environments, lowering prices, hiring and training store staff, enhancing marketing, or improving omnichannel services such as mobile offerings and in-store technologies. The law lowers income tax rates for all but the lowest-income households, raises the amount taxpayers can earn tax-free, cuts the corporate tax rate and encourages US firms to repatriate overseas profits. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner—Tracking Category Trends: A View of the US Apparel and Footwear Market with Sunny ZhengApril 2023 US Housing Market Indicators: All Home Sales See Year-Over-Year DeclinesInnovator Profile: Quiver Expands Fulfillment Capabilities for E-Commerce Retailers, Putting Climate FirstLuxury Clothing and Footwear Sector To Gain Share of the Total US Apparel Market in 2023 and Beyond