We're all about accountability on the Remarkable Retail podcast, so as we bring this season to a close once again it's time to grade Steve on 2024 predictions. In part 1 we dig into six of his baker's dozen of retail prognostications But we start with the retail news that caught our attention this week including lots of deals in the news: the end to the Kroger/Albertson's merger, the likely beginning of Saks and Neiman's, a possible go private transaction on the part of Walgreens, and yet another activist takes on Macy's. Then we assess Tik Tok's future in the US, before wrapping up with earnings news from Costco, Lululemon, and RH.
We're all about accountability on the Remarkable Retail podcast, so as we bring this season to a close once again it's time to grade Steve on 2024 predictions. In part 1 we dig into six of his baker's dozen of retail prognostications, which include:
1. The bifurcation of just about everything accelerates.
2. For many brands, flat is the new up.
3. AI: This time its personal.
4. The D continues to come out of DTC—except for top vendor brands
5. There is a culling of the once and future unicorn herd
6. Honey, I shrunk the store (again).
But we start with the retail news that caught our attention this week including lots of deals in the news: the end to the Kroger/Albertson's merger, the likely beginning of Saks and Neiman's, a possible go private transaction on the part of Walgreens, and yet another activist takes on Macy's. Then we assess Tik Tok's future in the US, before wrapping up with earnings news from Costco, Lululemon, and RH.
Steve's Prediction from Forbes (Part 1)
FootPrints AI Retail Media Event
The Great Vanilla Fudge from the Ed Sullivan Show: Keep Me Hanging On!