AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bloomberg Intelligence
A US Recession and Retail Report
Nov 17, 2023
Chris Campbell discusses the US economy and potential recession. Kevin Tynan talks about the electric Kia Sorrento. Norma Chu discusses DayDayCook going public. Dana Telsey talks about retail sales data.
34:23
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Consumers are becoming more selective in their spending and retailers are expected to have a more promotional holiday season this year compared to last.
- Creating social and engaging experiences in physical stores, such as hosting live performances and interactive events, drives foot traffic and social engagement.
Deep dives
Discerning consumer and moderate spending
The recent quarter highlighted that consumers are being more selective in their spending, even across various income levels. While retailers have improved their execution and managed their inventory well, they are expected to have a more promotional holiday season this year compared to last. Consumers are waiting for big events and discounts, taking advantage of Prime Day and Black Friday sales.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode