This chapter explores the current state of the retail industry, covering topics such as theft in drug stores and its impact on retailers, the correlation between inflation and theft, and the importance of experiential retail in driving foot traffic. The speakers discuss the increase in theft, its potential correlation with people becoming poorer, and the efforts made by retailers and industry advocates to address this issue. They also touch on the performance of retailers based on income levels and express a desire for more unique stores in malls.
Mark Smucker, CEO of JM Smucker, shares his thoughts on consumer's concerns about the US economy. Dan Morgan, Senior Portfolio Manager at Synovus Trust, breaks down Micron Technology earnings. Anjee Solanki, National Director of US Retail at Colliers, talks about the impact of consumer data on retail real estate. And we Drive to the Close with Jimmy Lee, CEO at Wealth Consulting Group.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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