Gary Raines, Chief Economist, FDRA
This is a must listen for everyone in footwear. In this episode FDRA deep dives into real time marketplace dynamics impacting shoe brands and retailers – from shoe sales numbers to how higher costs in the supply chain against rising discount demands from consumers are putting a historic squeeze on retail profits. We also discuss how the Fed is pumping money to prop up markets against the politics behind the next stimulus needed to help prevent a consumer disposable income crisis in Q3 and Q4. We also do a Holiday sales preview through 2021.