“Beauty and bargain retail could be the biggest winners in 2021, Wells Fargo predicts”
March 25, 2021
“Beauty and bargain retail are poised to be the biggest winners in 2021 as consumers return to brick-and-mortar stores and get comfortable socializing again, according to a new survey by one investment firm. Wells Fargo’s retail team recently polled 1,000 consumers in the United States to get a better sense of their post-pandemic shopping behaviors. When asked which products they are most likely to buy first, post-pandemic, respondents most frequently selected makeup, at 40%. That even surpassed “going-out apparel,” which was chosen by 37%…”
https://www.cnbc.com/2021/03/25/beauty-bargain-retail-poised-to-win-big-in-2021-wells-fargo.html
I highly agree with both beauty and bargain retail increasing. Let me tell you why I think it will increase. Not trying to scare anyone but the economy is going to get bad; real bad. Women will spend more on cosmetics to try to secure a man (for income) and bargain retail will increase because people are trying to save money. That’s how I see it.
Rainy days are ahead of us. You best get ready now. This is not a joke. What I’m telling you might save your life.