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The perception that retail was suffering from a rampant crime wave was bolstered by statements from executives ad Dick’s SportingGoods, Target and Lowe’s , all blaming shrink as one of the factors negatively affecting not just their financial results but the safety of employees and customers. billion in retail shrink was due to ORC.
By contrast, only 2% of consumers say they feel the biggest impact in toys, sportinggoods and games. That’s good news for holiday toy makers. But so far, consumers are focused on the price changes in categories like groceries (88%) and gas (69%).
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It felt pretty normal which was awesome and one of the best things about shoptalk normally is the networking and catching up with friends and I feel like that was in full effect and, extra fulfilling this year because you know I just got to see a bunch of people that I enjoy spending time with that I hadn’t gone to Sea in a couple of years.
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