As we reach the penultimate episode of Season 7, it’s time to grade Steve on his annual predictions. In the second installment of a two-part episode, Michael takes out his virtual chalkboard to assess the final batch of Steve’s prognostications, which include a year of trading down, a tale of two cities when it comes to retailer balance sheets, and a whole lot more. We also do a reality check on his long-shot guesses about Nike, Whole Foods, and a potential tie-up between JC Penney and Kohl’s.
As usual we kick things with retail news, including a big week in macroeconomic news and a (mostly) surprisingly strong monthly retail sales report. Then we go deeper on a potential Macy’s leveraged buy-out, as well as an updated view of the “halo effect” of brick-and-mortar stores from our friends at ICSC. We wrap with news of Temu’s remarkable success and continued strength from Costco.
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Steve will be back on stage at Shoptalk in Las Vegas and we’ve got a special offer for our podcast listeners to save an additional 10% on registration.
Retailer & Brands use Code: RBREMAR225 by going here.General Attendee: use code: GAREMAR360 here.
You can find the new ICSC “Halo Effect” study here.
Don’t forget to join Steve’s new Linked Group for his new book.
About Us
Steve Dennis is a strategic advisor, board member, and keynote speaker focused on strategic growth and transformation and the impact of digital disruption. He is the author of the bestselling book Remarkable Retail: How To Win & Keep Customers in the Age of Disruption and the forthcoming Leaders Leap: Transforming Your Company at the Speed of Disruption , which will be published in March 2024 and is now available for pre-order at book retailers everywhere. Steve regularly shares his insights in his role as a Forbes senior contributor and on social media..
Michael LeBlanc is the Founder & President of M.E. LeBlanc & Company Inc and a Senior Advisor to Retail Council of Canada as part of his advisory and consulting practice. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience, and has been on the front lines of retail industry change for his entire career. Michael is the producer and host of a network of leading podcasts including Canada’s top retail industry podcast, The Voice of Retail, plus Global eCommerce Leaders podcast, and The Food Professor with Dr. Sylvain Charlebois. You can learn more about Michael here or on LinkedIn.
Be sure and check out Michael’s latest venture for fun and influencer riches – Last Request Barbecue, his YouTube BBQ cooking channel!
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