{
  "HubID": "3741",
  "Date": "1/7/2024",
  "HubTags": [
    "External Platform Posts",
    "Future Map Forward Guidance"
  ],
  "Contacts": "",
  "Companies": "",
  "File": "",
  "Image": "",
  "Summary": "<p><a href=\"https://www.linkedin.com/posts/wes-allen-ullr_study-retailers-see-big-online-sales-declines-activity-7143295813463552000-kvD4?utm_source=share&utm_medium=member_desktop\" target=\"_blank\">Great post as usual from industry thought leader.</a>The bigger picture: </p><p>(1) There is just too much product.  Consumers are overwhelmed with choices, so the only differentiator for companies is price (#discounting ), which means a race to the bottom, so everyone suffers.  <br /></p><p>(2) We produce too much and cannot control #carbonemissions  unless we produce less (#degrowth ) and focus more on used product sales and recycling/reusing/upcycling/repurposing.  <br /></p><p>(3) Larger macro issues associated with debt, politics/geopolitics, demographics and of course climate change means seismic changes ahead not seen since The Great Depression and WWII.  <br /></p><p>All this will correct, either voluntarily or because we have no choice.  So far, we are choosing the latter, which means the correction (and pain) will be a lot worse.  <br /></p><p>All I can say is buckle up.<span></span><br /></p>",
  "Notes": ""
}