Analyst perspectives: U.S. staples, retail and hardlines – Chase Bethel

In this episode, host Pamela Ritchie is joined by US Equity Research Analyst Chase Bethel to explore the evolving dynamics within consumer staples, retail growth strategies, and the pressures of inflation on everyday purchases. Chase opens by discussing how major consumer staples companies are thriving in an era where e-commerce and high valuations dominate. Despite inflationary pressures, retailers have leveraged their strong market positions to blending online and in-store experiences to sustain their resilience and keep consumer loyalty intact. He then discusses how rising operational costs are filtering down to consumers, particularly in grocery prices, which have surged by over 20%. Chase explains that these prices are likely to stay high, as retailers are grappling with enduring supplier and labour cost increases. Chase says for many households, dollar stores have now become a go-to, due to providing accessible price points. Chase closes off by discussing how the shift to digital retailing is here to stay, especially for groceries and even used car markets. He emphasizes that consumers are increasingly drawn to the convenience and accessibility of online shopping, a trend that has become integral to retails strategy and customer expectations.

Recorded on October 25, 2024.

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