How to shake off the ‘retail apocalypse’ with hope and real data

Jun 10, 2021
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Written by Washington Retail
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The Retail Doctor Bob Phibbs’ recent blog encourages retailers to have hope as data shows the ‘retail apocalypse’ is a misconception. According to Phibbs “the data is strong and growing stronger every day that shows a true resurgence and evolution in in-store shopping…brick-and-mortar retailers may have the last laugh in 2021”.

The Wall Street Journal reported that the U.S. GDP “grew at a record pace in the third quarter—increasing 7.4% over the prior quarter and at a 33.1% annual rate—recovering about two-thirds of the ground it lost earlier in the coronavirus pandemic.”

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