Wegmans in Manhattan: the State of Retail 2021

Wegmans in Manhattan: the State of Retail 2021

The news this week that Wegmans will open a new store in what was the Kmart on Astor Place in Manhattan says so many things about the state of retailing circa 2021 that it’s hard to even figure out where to start. But start first with the facts: Wegmans Food Markets,...
7 Reasons To Be Extremely Optimistic

7 Reasons To Be Extremely Optimistic

There are ample reasons to be optimistic about where the economy is headed, if you look past the near-term wobbliness and pay close attention to the data that have been trickling in lately. It’s reasonable to think that by the 2021 holiday season, the long-predicted...
5 Signs That Retail Will Be OK

5 Signs That Retail Will Be OK

The industry took a beating last year. Challenges remain, but here are a few indications of retailers’ strength. Last year was a challenge like no other for the retail industry. COVID-19 upended people’s existence worldwide, threatening human life and...
Revenge Shopping: What’s In Store For The U.S.

Revenge Shopping: What’s In Store For The U.S.

No less an oracle than Anna Wintour herself has declared that luxury goods sales and travel will become hot commodities once again due to the pent-up demand caused by the COVID-19 pandemic lockdowns.  “’People have been locked up for a long time and they are going to...
Tractor Supply is Winning Over Rural America

Tractor Supply is Winning Over Rural America

Thanks to several factors in and out of its control, Tractor Supply last week reported that first quarter net sales rose 42.5% to $2.79 billion. E-commerce sales “experienced triple-digit percentage growth for the fourth consecutive quarter,” according to...
Did Retailers Miss the Signs?

Did Retailers Miss the Signs?

As suburban populations grew over the past decade, retailers consistently ignored the trend in favor of cities. In 2020, the onset of the COVID-19 pandemic in the United States sparked much talk of an “urban exodus” in which white-collar workers – freed...