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During the past decade, consumer spending has driven the U.S. economy and contributed to growth in the larger world economy. For policy-makers, retail sales are a bellwether, and consumer spending has become a key tool for staving off recession. But with increasing Internet sales, new pressure from low-cost imports and sinking consumer confidence, retailers are facing a host of challenges. In this panel from the 2008 Milken Institute Global Conference, a group of experienced retail CEOs discusses how they plan to keep their companies thriving, even as the economy slows.
During the past decade, consumer spending has driven the U.S. economy and contributed to growth in the larger world economy. For policy-makers, retail sales are a bellwether, and consumer spending has become a key tool for staving off recession. But with increasing Internet sales, new pressure from low-cost imports and sinking consumer confidence, retailers are facing a host of challenges. In this panel from the 2008 Milken Institute Global Conference, a group of experienced retail CEOs discusses how they plan to keep their companies thriving, even as the economy slows.
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