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.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
Netflix has reported that its password crackdown has led to growth in subscriber numbers, announcing it added 8.8 million subscribers worldwide between July and September.