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!
Watch our interview with Ethan on YouTube now
Be careful out there,
– Chris, Anne, and the Omni Talk team
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Omni Talk® is the retail blog for retailers, written by retailers. Chris Walton and Anne Mezzenga founded Omni Talk® in 2017 and have quickly turned it into one of the fastest growing blogs in retail.