 Retail has also been hurt by another trend, says Lupin Skelly at Deloitte. Those who do have some extra money to throw around aren't necessarily shopping. So they're looking to spend on experiences and travel or perhaps even repatting their savings. There are a few potential bright spots ahead for the retail sector, including back-to-school shopping. Deloitte and JLL have conflicting predictions, but they agree the back-to-school season has started really early.