We believe that 2024 will see spending on goods and services balance out. To provide an affirmation that macro view, we looked at a number of earnings reports from “fun-providers.”
C-stores continue to innovate and perform at a high level. We examine how dwell times have been impacted by blurring the lines between grocery, QSR and traditional convenience models.
This week, Amazon’s CEO Andy Jassy noted a consumer that was being “considered” when purchasing and selecting deals and lower priced items that will save them money.
March retail sales are expected to be better sequentially, with the drivers including consumer willingness to spend, easing comparisons, more favorable weather, and tax returns, among other factors.