Neil Freiman
๐ค SpeakerAppearances Over Time
Podcast Appearances
Target and Home Depot seem to be the two retailers that aren't doing so well, but Walmart, TJ Maxx, Burlington Coat Factory, Ross...
are all doing really well.
People are still shopping.
They're seeking out value, but they are still shopping more than all of these warnings would suggest.
And one note on this retail sales report.
Yes, it came in a little bit softer than expected 0.2% growth.
But if you're looking at whether people are feeling financially healthy.
Look at sales at eating and drinking establishments because that is completely discretionary.
You don't have to go out to eat or go to a bar.
You could do all that stuff at your home for cheaper.
But sales increased 0.7% on the month.
They're up 6.7% from a year ago.
That matched expectations or even exceeded them.
So it does look like people are still feeling okay enough to go eat and drink out, which is a sign of somewhat consumer health.
Toby, do you have anything that's totally customized for you?
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With full control of your tech stack, you can rapidly respond to market changes, implement new features, or pivot your business model without waiting for a SaaS provider to roll out updates.
So I tried this myself.
I Googled how do you dry brine a turkey?