This chapter discusses the issue of shrinkage in retail stores and the shift towards online shopping. It highlights how retailers like Macy's are managing inventory through targeted promotions and investing in experiential elements to attract customers back to physical stores.
Bloomberg Intelligence Senior Retail Analyst Mary Ross Gilbert and Bloomberg News Reporter Simone Foxman discuss Macy’s, Lowe's and Dick’s earnings. Bloomberg News US Semiconductor & Networking Reporter Ian King has a preview of Nvidia earnings. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter John Tozzi provide the details of John's Businessweek Magazine story Drug Benefit Firms Devise New Fees That Go to Them, Not Clients. And we Drive to the Close with Lauren Sanfilippo, Senior Investment Strategy Analyst for the Chief Investment Office at Bank of America Corporation. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.