Takeaways from Day 2 of the Goldman Sachs 25th Annual Retailing Conference

Executive Summary

Goldman Sachs held its 25th Annual Global Retail Conference in New York City this week. Listed below are the key takeaways from the webcast presentations.

• All of a sudden, opening stores is not a bad thing.
• US retailers are initially entering China markets via online platforms.
• Lowe’s is to open direct fulfillment center for online orders.
• The 2010s could be the “lost decade of retail”due to the misallocation of capital.
• There is still a lot of low-hanging fruit to be picked by retailers to improve efficiency and service quality.