In the following analysis in partnership with Creditntell, we take a look at industry trends to watch out for in 2022 along with retailer predictions for each segment. Despite supply constraints, 2021’s strong consumer demand for goods lifted most of retail and store openings outpaced closings in 2021, after pandemic-fueled record closures in 2020. Looking forward, there is an anticipated shift in discretionary spending from goods, back to services which could also spark more promotions as retailers once again chase customers and market share. We anticipate sales and margins to normalize by the second half of 2022.
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