Cowen's Oliver Chen Says Consumer Environment Is Very Healthy

The video discusses the current retail environment, highlighting low unemployment and wage growth as positive factors. Macy's has shown better-than-expected performance, but faces challenges from Amazon, off-price retailers, and the mobile revolution. Concerns about consumer spending habits are raised, with a focus on value shopping, especially among Generation Z. Retailers like Costco and TJ Ross excel in offering value, while Macy's needs to simplify its pricing strategy.

What concerns arise from consumers saving less and spending more?

In what ways are retailers like Costco and TJ Maxx succeeding in providing value?