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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: China’s Quick Commerce Market: Competitive Landscape and Emerging Trends Point to GrowthHoliday 2023: Festive Frenzy of Social Commerce—Seven Social Media Strategies To Drive EngagementRetail 2024: 10 Trends in China RetailUS Consumer Tracker: Consumer Financial Security Improves