The arrival of a new year can be a time for hope, and that is especially true as the world puts 2020 in its rear view mirror. The approval of two COVID-19 vaccines, with more potentially on the way, will likely mark the beginning of the end for a pandemic that shook the U.S. economy,
Wednesday, October 7, 2020, will be remembered or fondly recalled by mass retailing aficionados as the day a microcosm of the mass retailing community assembled, virtually, to discuss the past, debate the present and predict the industry’s future. As background, the event was conceived, assembled and choreographed by Scott Emerson, founder and CEO of the
Retailers would do well to pay more attention to macroeconomic trends and work to push them in a direction that is conducive to their business. The International Monetary Fund’s annual assessment of the U.S. economy, which was released last month, includes some findings that raise troubling questions about the long-term health of the mass market.