2023 Retail Predictions (Part 2)

Last week we released the first batch of Steve's predictions. This week we conclude with six more, centering on how "hybridization" will steal the crown from omni-channel, how trading-down (in product and format) will define the year, the likelihood that big consumer credit troubles emerge, why strong balance sheets reign supreme, how the Metaverse is still not ready for its close up, while AI just might be. We wrap up with three bonus long-shot prognostications (aka "wild ass guesses") involving a Nike acquisition, bold moves at Whole Foods, and a blockbuster merger among struggling department stores.