The WSJ reported retail sales Rose 3.3%, showing signs consumers are returning to stores. This is a great sign for the retail market as it seems a turnaround may be in the works. Macy’s posted a 3.4% increase, Saks reported 7% and Costco 8%. As demand begins to increase, vendors need to keep a careful… Read more »
Jun. 21, 2021
What is LVMH clueing into that we could learn from?
Louis Vuitton-owner LVMH says the future of retail is in-store Whether you take it as a foreboding insight or a position requiring a grain of salt, their research shows that Brick & Mortar is still king… for the foreseeable future, anyway. According to the chief financial officer at LVMH, Jean Jacques Guiony, the consumer still... Read more »