Retailers are navigating a complicated environment marked by structural shifts, uneven consumer strength, and lingering pandemic-era distortions. In this episode, retail expert Charlie O’Shea, known for his clear-eyed analysis, returns to break down why some big-box operators continue to outperform—and why Target’s Q3 numbers require a more nuanced read than the headlines suggest.

What we cover:
• How years of strategic investment created today’s retail “haves and have-nots”
• The role of store-based fulfillment and the rise of buy-online-pickup-in-store
• Why Target’s Q3 results are misunderstood—and what the underlying data shows
• The changing profile of today’s consumer and the impact of inflation, SNAP, and credit
• A realistic holiday spending outlook based on Q3 earnings and consumer behavior

Topics:
consumer credit, abs, securitization, retail, big-box, Target, Walmart, consumer spending, credit risk, store cards, Charlie O’Shea

#consumercredit #abs #securitization #lending #capitalmarkets #retail #bigbox #consumertrends #creditrisk