Retail Focus 11/21/21 – Thanksgiving Weekend Sales Expectations; Ross’ Deal Flow Remains Strong, CVS Closures
Our interview guest is Tom McGee, president and CEO of ICSC, who joins us to discuss their Thanksgiving weekend sales projections. Additionally, he breaks down the expected cadence of holiday sales and who, from a demographic perspective, is expected to shop when. In news, Ross Stores’ leadership discusses deal flow going forward and tempers expectations for the fourth quarter due to supply chain concerns. And we look ahead to CVS’ announcement of planned store closures over the next three years.