By Cameron Williams, Director of Research, SVN International Corp.
In 2022, brick-and-mortar retailers faced challenges such as a looming recession and record inflation, which greatly affected consumer confidence. Despite these challenges, a particular type of retailer will be set up to thrive and there are still plenty of opportunities for success in the retail industry. As the economy improves and consumers become more optimistic, the brands outlined in SVN’s latest whitepaper are well-positioned for success in 2023.