Howard Davidowitz, chairman of Davidowitz & Associates Inc., talks about U.S. consumers and the outlook for the retail industry. Davidowitz also discusses the performance of Sears Holdings Corp., (Wal-Mart, Best Buy, Toys-R-Us, etc.) prospects for online retailers and mobile shopping, and commercial real estate (which is gonna kill community banks). Huge changes taking place. Bricks & Mortar precarious…major questions on positioning in commercial area – occupancy, rents, excess space. Huge revolution confronting developers.