Retail Midyear Report Card 2024: Trends, Challenges & Opportunities With Placer AI | Ask An Expert
Podcast:Omni Talk Retail Published On: Wed Jul 24 2024 Description: Join Chris Walton and Anne Mezzenga for an insightful discussion with Placer AI's Ethan Chernofsky as he hands his 2024 Midyear Retail Report Card grades. You'll hear Ethan discuss the latest trends, challenges, and opportunities shaping the retail landscape. Key moments include: 0:08 - Introduction and overview of Placer AI's data collection methods 8:02 - Overall retail performance grade and analysis 15:09 - Small format revolution: Promising or overhyped? 22:20 - The future of retail media networks 28:28 - Value retail: The rise of the "middle" and the tri-furcation of retail 35:30 - Surprising mall renaissance and its implications 40:53 - The impact of strategic decisions on retail success Ethan shares valuable insights on foot traffic analytics, consumer behavior shifts, and how major retailers like Costco, Walmart, and Target are adapting. Learn about the potential of retail media networks, the evolution of value retail, and why malls might be making a comeback. This episode offers a comprehensive look at retail performance and emerging opportunities. Don't miss Ethan's thoughts on how retailers can navigate both headwinds and tailwinds in today's dynamic market! #RetailTrends #PlacerAI #RetailAnalytics #RetailStrategy #ConsumerBehavior Music by hooksounds.com *Sponsored Content*