YOUTUBE (Fox Business) - Consumers are facing this 'PARADOX,' Michaels CEO says
FOX Business correspondent Madison Alworth reports from the Goldman Sachs Global Consumer and Retail Conference and speaks with Lizzie Dove of Goldman Sachs Research and David Boone, Michaels CEO, about consumer travel and spending outlooks. 00:00 - Goldman Sachs Global Consumer and Retail Conference 01:04 - Lizzie Dove on the US travel boom 01:42 - Is there a slowdown in hotel stays? 02:11 - Michaels CEO: Bullish on the holiday season 02:40 - The resurgence of "no phone" activities 03:19 - Market analysis: Basket size vs. revenue