These Stocks Could Emerge As Big Winners From Premium Retail’s New Frontier — Your Living Room
Call it 2021′s spin on a Tupperware party, but without the obligation of getting friends together. Premium retailers are taking unprecedented steps to bring the consumer experience to your living room, according to Loup Ventures’ Gene Munster. “We are just at the cusp of what is going to be a paradigm shift [in the industry],” the firm’s founder and managing partner told CNBC’s “Trading Nation” on Tuesday. “These changes come around about every quarter of a century.” Munster suggests it’s part of an evolution gripping retail companies, particularly in technology. He compares the change to the shopping mall’s birth in the 1950s and the rise of big-box retailers in the 1980s. He tackled the trend in a recent note and believes there’s big money in it. Read more at CNBC.
