Four Ways Retailers are Combatting Disruption in 2019
By Kaitlin Milliken, Staff Writer
Photos courtesy of the National Retail Federation
At the end of 2018, retailers breathed a collective sigh as the holidays came to a close. Despite fluctuating stock prices, trade wars, and tariffs, the sector had chalked up a strong shopping season. According to Mastercard SpendingPulse, an initiative that monitors online and in-store spending, sales in the US between Nov. 1 and Christmas Eve grew five percent to $850 billion — retail’s best performance in six years.
Scott Galloway, a professor at New York University’s Stern School of Business, cautioned against comfort. “I don’t bear a message of hope,” he said to the crowd at the National Retail Federation’s Big Show, an annual conference for the retail industry.... continued ...