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Ten retail and CPG leaders. One confidential conversation. No pitching. Just honest dialogue about what’s actually happening inside the industry.

How Will The Iran Conflict Affect US Retail?

"The most obvious way consumers may be impacted by a widening conflict is by rising prices, but less obviously is in how this impacts underlying consumer sentiment."

- Mark Ryski, BrainTrust panelist

Do you agree that gas prices have an outsized effect on consumer sentiment?

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It’s Time To Put Your AI Through Leadership Training

"It might be gaining decision making abilities — but it shouldn’t. While it has some superb uses, allowing execs to avoid blame by saying 'well the AI decided' is not good."

- Doug Garnett, BrainTrust panelist

What's happening in retail?

Here are our picks for top news impacting retailers today:

  • U.S. inflation increased 0.26% in February following a figure of 0.24% in January, showing a reversal of cooling. “February’s data is a reminder that the path back to price stability won’t be linear,” said Paul Stanley, senior economist for Numerator (via Chain Store Age).

  • Throughout the ongoing Saks Global bankruptcy proceedings, Neiman Marcus stores appear to be holding strong as Saks Fifth Avenue and Saks Off 5th take much of the closures. However, “We are committed to all three banners and strongly believe in each of their unique value propositions,” a company spokesperson shared (via Forbes).

  • Ford has recalled approximately 1.7 million vehicles as part of two recalls centered around rearview camera issues. Models including the Bronco, Edge, Escape, Explorer, and the Lincoln Corsair and Aviator were affected (via USA Today).

  • Oil prices broke the $100 per barrel barrier as the Iran conflict continues, with prices hitting nearly $120 before talk of Western nations intervening to curb prices surfaced. “Between now and the end of March you don’t have an amelioration of traffic around the strait, we could go to $150 a barrel,” said Homayoun Falakshahi, lead crude research analyst at Kpler (via CNN Business).

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