QualityStocksNewsBreaks – Sharing Services Inc. (SHRG) Capitalizing on New Direct-Selling Opportunities Driven by Changing Retail Industry

Sharing Services Global Corporation (OTCQB: SHRG) is a multimillion-dollar operation that utilizes a home-based business entrepreneurship model. An article discussing the company reads, “A quick search of the retail industry suggests that the sector is dying, as stores such as Payless, Walgreens, JCPenney, 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% of total industry sales. An estimated 20.5 million people are involved in direct selling in the United States, marking a 31% increase over a five-year period (http://ibn.fm/dZ7mZ). . . . 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 comprehensive study by Upwork and Freelancers Union, freelancers are projected to make up the majority of the U.S. workforce by 2027 (http://ibn.fm/6sWZq). Freelancing is attractive because it offers individuals freedom to choose their own hours and work locations. However, the option also comes with challenges, such as a lack of health care, sick days and vacation.”

To view the full article, visit http://ibn.fm/NY5Wf

About Sharing Services Global Corporation

Sharing Services Global Corporation, formerly Sharing Services Inc., is a diversified holding company that is publicly traded and dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling industry. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors. Two of its primary divisions include Elevacity Global LLC, a product-sourcing and supply company, and Elepreneur LLC, a sales and marketing company based on utilization of independent contractors as the sales force. For more information, visit the company’s websites at www.SHRGinc.com, www.Elevacity.com or www.Elepreneur.com.

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

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