Rosenblum said,"Comparing Walmart to Target directly is somewhat of a false equivalency. They're very, very different businesses."
Martis agreed and said,"The trend that we've been seeing a lot with Walmart is that membership number. Not only have they been gaining new customers, but they've been able to keep the existing customers."broke down retail earnings and consumer behaviors so far in 2023 . Sherman said,"The consumer this year has been much more cautious. Looking for deals, looking to trade down, looking to buy lower priced items within categories."
Pauline Brown, former LVMH Chairman of North America, discussed the state of luxury retail, which she sees on the rebound. Brown said, “When I look in recent weeks, and when I look at the forecast for the rest of the year, I think we have turned a corner.”. Bryan Said, “The future of retail is media, and the future of media is retail. I think if you look to the future, like a year from now, you’re going to start seeing that these retailers are driving content shoppable experiences.