Retail Focus 4/20/20 – Rite Aid’s Recent Numbers, the State of Consumer Behavior in 2020
We hit the ground running with Rite Aid, whose earnings call gave us a look into the potential momentum they are seeing through the first few months of the year, even if their bottom line looks less than stellar. We also discuss Neiman Marcus’ saga, a partnership between a footwear retailer and a regional grocer, and Bed Bath & Beyond selling One Kings Lane. Our interview guest is Bobby Marhamat, CEO of Raydiant, who discusses their report on the state of consumer behavior in 2020.