What’s Happening in Retail

While the immediate focus is on Holiday 2024, the concern has now shifted to early 2025.  

Most retailers and analysts believe that Christmas sales won’t be as strong as 2023, but won’t be the disaster that many had feared a few months ago.  

However, the potential of a cooling off of the labor market, and along with it wage growth, in key markets, could certainly make Q1 2025 more challenging.