Goldman Retail Conference: Day 2 Summary

Extending on the themes discussed here (see Goldman Retail Conference: Day 1 Summary), the second, and final, day Goldman's 32nd Annual Global Retailing Conference pointed to a resilient but picky consumer who is prioritizing newness and fashion over staples and basics (while making every dollar count). Though this has been a theme in retail for some time, the implication in today’s macro environment is that brands and retailers focusing on delivering this value-add proposition to consumers will likely have better success in protecting volume in the event they need to take tariff-related pricing.