What to Expect From 2016 Holiday Retail Sales

The video discusses the financial outlook for retailers, highlighting the National Retail Federation's growth estimates and the challenges faced by brick-and-mortar stores due to Amazon's market presence. It explores how economic factors like wages, consumer confidence, and political events impact retail sales, noting a disconnect between positive economic indicators and actual sales growth.

In what ways have consumer preferences shifted according to the text?

What is the significance of the statement regarding the disconnect between consumer confidence and retail earnings?