The move shows how inflation and changing consumer behavior are souring the business outlook for many retailers.
Tag: Shopping and Retail
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After a Bumper 2021, Companies Might Struggle to Increase Profits
Businesses face headwinds as demand weakens, the Federal Reserve raises rates and government stimulus programs end.
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Wall Street’s Losing Streak Ends, but Uncertainty That Drove It Lingers
As stocks have tumbled this year, predictions that the selling is over have been wrong time and again.
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Vintage Lovers With a Dollar and a Dream
For years, dedicated shoppers have spent their Sundays searching for second-hand goods at Jet Rag’s $1 sale.
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Global Brands Seek Clarity on Xinjiang
Companies that sourced cotton from the region in China are weighing evidence of forced labor, a lack of visibility into operations and new regulation.