Looking Forward to a Healthier Retail Environment as the Year Progresses

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Following a continued shakeout among retailers, the future retail landscape will consist of retailers with a solid financial footing, plus those that have shown resilience. Although consumer choice will likely be reduced due to the disappearance of many regional and mom-and-pop stores that provided local flavor, we are optimistic that a healthier retail industry will flourish again and that new shops will be attracted to emerge and enliven the industry.

Retail analyst Deborah Weinswig of Coresight Research, writing in the firm’s newsletter this week with her industry outlook for 2021, “Looking Forward to a Healthier Retail Environment as the Year Progresses.”