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Matt Katz, Managing Partner and Head of Retail & Consumer Packaged Goods shared his thoughts on the future of home retailers in a post-pandemic world with Retail Dive. He explained why he believes the sector will continue to thrive, “Not only do you have more places and opportunities to buy, you have a much larger variety of price points to participate. I think home is much like how apparel was 10 years ago where folks are very willing to mix high-end products and entry-level products in the space and get great results.”
In addition to the favorable home retail market, customers have discovered more reasons to invest in their homes during the duration of the pandemic. Matt reflected, “I think this is what the pandemic has shown is that we, as a society, love the outdoors. While that’s hiking or fishing, or running or biking, it’s also lounging and sitting and talking and eating. And so what we’ve done to our patios, what we’ve done to our terraces, what we’ve done to our backyards, to capture more space and value in our home, also requires product and maintenance.”
Read the full article here.
Matt Katz serves as a Managing Partner and heads the Retail & Consumer Packaged Goods and Private Equity practices at SSA & Company