What's in Store for U.S. Retailers, Consumer Spending?

The transcript discusses the state of consumer spending, highlighting strong fundamentals despite concerns over retail sales figures. It examines Amazon's impact on traditional retail and demographic challenges affecting consumption. The conversation also covers retail deflation driven by new business models and price competition. Finally, it addresses issues with data measurement and the underrepresentation of e-commerce in official statistics.

What challenges are brick-and-mortar retailers facing according to the discussion?

What is the current trend in retail prices as mentioned in the text?