wwd
Dec 27
172
5K
0.33%
Last weekend’s #bombcyclone caused dozens of deaths, hundreds of thousands of power outages and massive flight delays. More than 183 million people nationwide fell under wind chill advisories and warnings. Still, major urban areas on the East and West coasts with the biggest concentrations of retail were hit less hard, so the leathal weather event was not that impactful for the industry. “This holiday retail season looked different than years past,” said Steve Sadove, senior adviser for Mastercard and former chief executive officer and chairman of Saks Inc. “Retailers discounted heavily but consumers diversified their holiday spending to accommodate rising prices and an appetite for experiences and festive gatherings post-pandemic.” Tap the link in bio for more from today’s Digital Daily. Report: David Moin Photo: @lexieblacklock
wwd
Dec 27
172
5K
0.33%
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