Skip to main content

Market Overview

Retail's Changing Landscape: Here's What You Need To Know

Share:
Retail's Changing Landscape: Here's What You Need To Know

Is there a fundamental shift in retail going on? According to CNBC's Courtney Reagan, there most certainly is.

Here's what you need to know.

Reagan argued that a shift in consumer spending habits continues to shape the retail landscape. While this change hasn't happened overnight – and won't – it's an organic trend.

Related Link: Goldman Shuffles Consumer Focus List: Cuts Mead Johnson, Adds Dollar Tree And TJX Cos.

According to Reagan, some of the shifts in spending behavior trace their roots to the financial crisis, while others are a result of a "24/7 always online culture." Moreover, consumers at every income level are questioning their spending habits and asking if a purchase is "worth the price." In fact, among the mid- and higher-level retailers, the answer to this question is increasingly becoming "no."

Reagan continued that "fast fashion" retailers such as H&M, Zara, Forever 21 are gaining market share due to their superior value. Off-price stores, such as TJX Companies Inc (NYSE: TJX) are also a beneficiary of this trend.

In terms of product categories, "athleisure" sales remain strong, along with the beauty category due to the increasing popularity of selfies and sharing pictures on social media.

 

Related Articles (TJX)

View Comments and Join the Discussion!

Posted-In: CNBC Courtney Reagan Fast Fashion Retailers Forever 21 H&MEducation Media General Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com