As malls continue to lose foot traffic, the question of how retail can keep up is on the top of many industry leaders' minds. George Arison is the CEO and Founder of Shift joins Cheddar to give his take.
Arison believes that next-day delivery is going to be the key to retailers who want to survive. Arison points to Amazon has not only a retail disrupter but also as the company to follow.
Shift is a peer-to-peer marketplace for buying and selling cars. Shift allows consumers to go through the entire car buying/selling and financing process, all on their phone.
The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. But Fed officials also signaled that they expect to raise rates once more this year.
