Retailers Struggle Amid More Cautious Consumer Spending
U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. It’s a season of “extreme bargains.”
Source: pymnts.com
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Inflation Impacts Nearly Every Consumer Despite Age, Earnings
Finding a better job is a natural reaction to economic woes, but only one segment of U.S. workers is optimistic about landing a new gig.
Source: pymnts.com
Allbirds Closing Stores as Shoppers Cut Back
Amid a challenging retail landscape, Allbirds plans to close 10-15 U.S. stores following a 14.5% drop in net revenue.
Source: pymnts.com