Retail Recap of the 2023 Holidays with Courtney Reagan The Important Part: Investing with Liz Young

Holiday shopping is upon us, and the seasonal sales are in full swing. But just how does the 2023 holiday season stack up against the ghosts of retail past? On this episode, Courtney Reagan, CNBC’s Senior Retail Reporter, sits down with host Liz Young, SoFi’s Head of Investment Strategy. 

Liz and Courtney discuss the (promising) future of big box stores, how retail has bounced back from the economic downswing, and who the winners of this holiday season will be.

Notable mentions in episode:
(00:00) Intro
(02:00) What’s the story on consumer spending in 2023?
(05:29) Are consumers trading down?
(08:07) Inventory management improved in 2023
(12:41) On the ground for Black Friday
(19:58) What product categories hit it out of the park this year?
(23:56) Record sales numbers or just inflation?
(26:41) Nostalgia rules the toy aisle
(29:24) What’s happening with retail stocks?
(32:53) Hot Minute
(34:28) Liz’ Takeaways


Additional resources:
SoFi Daily Podcast: 5-minute daily episodes covering the latest business, economic, and stock market news you need to start your day. The SoFi Daily Pod is available on Apple and Spotify, or wherever you get your podcasts.

SoFi Daily Newsletter: Sign up for the SoFi Daily to receive the latest financial news in your inbox every day. 

Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we’ve created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more.

Wealth Investing Guide: Information you need to know to make your money work harder for you.

Recommended reading:
Investing in Retail Stocks
Is Inflation a Good or Bad Thing for Consumers?