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Retail's New Reality is Defined by Digital and Dollar Stores
Manage episode 312940656 series 3253361
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Retail is smack in the middle of COVID-19's crosshairs. The pandemic has forced the weakest retailers to file for bankruptcy, and the most powerful ones to grapple with a spike in costs to meet demand and accelerate investment into direct-to-consumer. Jharonne Martis, Director of Consumer at Refinitiv, joined Voices of Wall Street to discuss the top retail themes emerging from the pandemic. Nathaniel Meyersohn, Retail Reporter at CNN, joined us to talk about how dollar stores are the unsung hero of retail, quietly raking in profits and expanding their footprint. Plus, why dollar stores have become a popular target for criminals.
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