Virginia Retail Matters 2026: A Day of Insight, Connection, and Looking Ahead
A highlight of the program was the presentation of the 2026 Virginia State of Retail Report by Dr. Matt Wagner, Chief Innovation Officer for Main Street America. Commissioned specifically for Virginia Retail Matters, the report explored the trends shaping retail across the Commonwealth, including consumer behavior, workforce concerns, economic pressures, artificial intelligence, local sourcing opportunities, and the future of Main Street businesses.
The research reinforced something many in the room already knew, independent retailers are about far more than sales figures and storefronts. They create gathering places, support local entrepreneurs, strengthen neighborhood identities, and contribute to the vibrancy that makes communities unique. Strong retailers help create strong communities, a principle at the heart of Retail Alliance’s mission for more than 120 years.
The conversation continued with one of the day’s most anticipated sessions, a fireside chat featuring Jaylen Boney and Ava Giacometti. Building on insights from the report, the discussion explored the perspectives of Gen Z, one of the most influential and rapidly emerging consumer groups in today’s marketplace.
Attendees heard firsthand about how younger consumers discover brands, make purchasing decisions, and determine which businesses earn their trust and loyalty. The conversation offered valuable insight into the importance of authenticity, community involvement, convenience, and purpose-driven connections.
Perhaps the biggest takeaway was that while shopping habits may continue to evolve, the desire for genuine relationships and meaningful experiences remains constant. Retailers weren’t simply learning about Gen Z; they were hearing directly from the next generation of customers.
The afternoon concluded with an engaging panel discussion on artificial intelligence and its growing role in the retail industry. The panel brought together Rachael Seda of Mix & Shine Marketing, Ted Patterson of The AI Collective, and Tom Rosser and Chris Clark of Gelati Celesti to discuss AI’s practical applications for businesses of all sizes.
- How can AI help businesses better understand their customers?
- How can it improve efficiency and decision-making?
- How can retailers embrace innovation without losing the authenticity and human connection customers value most?
“Today we’ve explored the intersections shaping retail, from consumer trends and technology to community impact and economic change. The future of retail won’t be shaped by reports alone. It will be shaped by the business owners and leaders in this room who choose to adapt, innovate, and continue investing in their businesses and communities.”
That sentiment perfectly captured the spirit of Virginia Retail Matters 2026. While data, technology, and economic forecasts are important, the future of retail ultimately depends on the people behind the businesses: the entrepreneurs opening their doors each morning, the employees serving customers, and the communities that support local commerce.
Attendees left with more than data, trends, and actionable insights. They left with new connections, fresh perspectives, and a renewed appreciation for the impact retail has on our communities every day.
Retail Alliance is honored to convene these conversations and celebrate the businesses, leaders, and individuals who keep our industry moving forward. Thank you to our speakers, panelists, sponsors, partners, volunteers, and attendees for making Virginia Retail Matters 2026 a success.
Thank you to everyone for being part of Virginia Retail Matters 2026. We look forward to continuing the conversation and welcoming you back on September 22, 2027, at The Main in Norfolk for the next Virginia Retail Matters.