Point of Scale: Monday Monolog
Happy Monday everyone! Last week was a crazy week in retail where a lot of typically big news got missed and/or glossed over with the midterm elections dominating most newsfeeds.
Two big stories that really stuck out to me: The NRF released its annual Holiday Spending Forecast and the implications of Amazon’s historic dip in market value.
Catch my thoughts on these stories in my Monday Monolog.
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Thanksgiving Holiday Weekend Proved the Omnichannel Customer Has Fully Matured
Now widely reported, last weekend’s Black Friday and Cyber Monday sales were record-breaking on all accounts. Nearly 200 million customers hit physical retail stores over the Thanksgiving holiday weekend according to NRF, a feat all of its own and a validation of the brick & mortar store in an age of omnichannel sales strategy. […]
Consumers Seek More Value from Travel and Hospitality
A recent report from PwC suggests that revenue for hotels will continue to go up over the coming months. This is great news for hoteliers who survived the 2020 pandemic and are looking to recoup costs. What’s more, studies also suggest that customers are happy to pay for these increased prices, even at inflated rates. […]
Are Colorado’s Crafty Healthcare Incentives an Effective Strategy to Lower State Care Costs?
Colorado has some of the most expensive healthcare in the U.S., which already spends more than any other country on administering healthcare. Some studies place it in the top half of most expensive states for care in the U.S., while others place it in the top 10. In 2018, for example, Colorado’s average price per […]
