Evercore ISI's Saad on the Macy's-Target distinction

The video discusses the current state of retail, focusing on consumer spending patterns and the performance of major retailers like Macy's. It highlights a shift in consumer behavior post-pandemic, with a return to traditional shopping habits and increased use of credit. The discussion also covers the impact of vintage clothing trends among young consumers and the role of brands like Brandy Melville in teen fashion.

What are the implications of reduced promotions for retailers like Macy's?

In what ways are retailers adapting to the shift in consumer behavior towards online shopping?

How has the pandemic influenced the demand for luxury and fashion items?