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Welcome to the Roaring Twenties. Pent-up demand for self-reward, stimulus checks, pumped-up savings and rock-bottom interest rates will feed a spending frenzy. Are pricing power and inflation lurking? Not a chance! What we really need to pay attention to is the evolving devaluation of retail as we race to the bottom with endless promotions to get rid of senseless oversupply, perpetuated for over half a century, and now dumped into an incredible proliferation of off-price and dollar stores. Listen and learn from Robin Lewis and Shelley E. Kohan, TRR chief strategist.

For more strategic insights and compelling content, visit TheRobinReport.com where you can read, watch, and listen to content from Robin Lewis and other industry experts.

Be sure to follow us on LinkedIn and Twitter for the latest from Robin Lewis and The Robin Report.

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For more strategic insights and compelling content, visit TheRobinReport.com, where you can read, watch, and listen to content from Robin Lewis and other retail industry experts, and be sure to follow us on LinkedIn and Twitter.