NRF 2023 Deliotte 2023 retail industry outlook with Lupine Skelly from Deloitte

We had the great pleasure of getting a quick snapshot from Lupine Skelly from Deloitte to discuss their 2023 Retail Industry Outlook Report. #retail #deloitte #nrf2023SummaryDespite the spate of bad economic news, the keyword among retailers is resiliency. They’vedone it before—not too long ago, during the worst pandemic-related lockdowns andshortages—and they can do it again. Market challenges will always be a factor, and retailers arelearning that they cannot rely on traditional cost-cutting alone to navigate the latest downturn.Instead, retailers should examine how they’ve been most productive in recent years, honingomnichannel, supply chain management, and digital commerce to protect margins and aim forprofitability in the future. And the real X-factor is the rapidly evolving consumer. Ensuring theconsumer experience is at the heart of investments may be the key to prospering when thedust finally settles.#RETAIL https://www.theretailpod.com/