More than half of Rue 21’s Black and Hispanic GenZ customers intend to spend more on clothing — nearly 20% more — this year than last, when compared to white customers.
Ross Stores reported a strong quarter that beat expectations but warned of possible risks from escalating supply chain congestion and the COVID-19 delta variant.
Foot Locker Inc. ran fast in its second quarter, with earnings that far exceeded expectations and said it is “cautiously optimistic” about its outlook for the second half of the year.