1、How to navigate the interplay between people,planet,and profit in the retail industry an outlook on the key themes shaping the retail sector following NRF Retails Big Show 2023Retails delicate balance February have proven their resilience time and again,and they are poised to do the same in 2023.How

2、ever,understanding the interplay between a growing set of tensions shaping the industry can help retailers do more than merely survive strong headwinds.Economic and geopolitical challenges that began in 2022 have spilled over into the new year.Spreading global inflation means households have less bu

3、ying power and business margins are under pressure.Tighter monetary policies from central banks have increased the cost of capital.And recession albeit softer than anticipated is on the horizon in many economies.1 To claim that the world needs retail to prevail against these latest headwinds is not

4、hyperbole.In every country,the industry is among the largest private sector employers,the primary source of food and other necessary goods,and a major influence on natural and other resources all along the value chain.Nowhere was the size and breadth of the industry more visible than at the gatherin

5、g of more than 35,000 professionals from 75-plus countries in January for NRF 2023,2 the National Retail Federations Big Show conference and largest global retail event.Despite the obvious challenges,retailers are just as excited as ever about the future of the industry.With ongoing margin compressi

6、on and decreased access to affordable capital a topic often referenced during NRF 2023,retailers are considering how to afford and target investing for the future.At the same time,they spoke with passion from the conference stages about exploring new technologies and business models,smoothing the co