Monthly Archives: May 2023

You are here:

Home
2023
May

How Luxury Retail Is Becoming More Recession-Resistant

Study, TrendsBy Jennifer Stevens May 31, 2023

Bain & Company’s study suggests luxury retail has become more recession-resilient due to an expanding base of high-income customers, a heightened customer-centric approach and cultivating an appeal to a younger demographic. Despite this, other reports suggest luxury spending could start to decline. Read More on How Luxury Retail Is Becoming More Recession-Resistant

San Francisco Retail Exodus Continues

TrendsBy Jennifer Stevens May 15, 2023

As San Francisco’s downtown dynamics continue to shift, more retailers find maintaining success increasingly difficult. Nordstrom’s decision to close its Westfield Mall store indicates the broader challenges retailers face in urban areas nationwide. Consequently, how are changing work patterns and social issues disrupting traditional retail models? Read More on San Francisco Retail Exodus Continues