Columbia's Cohen: Macy's Future Uncertain

The video discusses the challenges faced by Macy's and the retail sector, including economic shifts, inflation, and consumer behavior. It highlights Macy's struggle to differentiate itself in a competitive market and the impact of inventory and cost management. The potential recession and its effects on retail performance are examined, along with labor market pressures and their influence on wages and workforce management.

What factors does the speaker believe influence consumer perceptions of the economy?

What is the speaker's outlook on the performance of retailers like Macy's compared to discount retailers?

How did the COVID pandemic affect wage rates and benefits in the retail sector?