Can Anything Put a Dent Into Amazon?

The video discusses the surge in consumer confidence and its impact on the holiday shopping season, questioning the influence of Donald Trump. It explores retail strategies, highlighting the prevalence of discounting and its effects on profitability. The shift towards online shopping and the role of algorithms in pricing are examined. The importance of experiential retail and the trend towards spending on experiences rather than goods are emphasized. Finally, the challenges posed by Amazon to brick-and-mortar stores and the future outlook for retail are discussed.

What role does online shopping play in the current retail environment according to the discussion?

What shift in consumer spending habits did Wendy mention regarding experiences versus material goods?

How do traditional retailers need to adapt to compete with online giants like Amazon?