Consumers are reining in their spending when it comes to apparel and accessories, with the sector the worst performing major category so far this year.
Over the past five years, we’ve seen profound shifts in the way consumers interact with brands, driven by rapid changes in technology, economic shifts and an overall feeling of instability in the world at large.
Albertsons Companies reported better-than-expected earnings and revenue for its fourth quarter but a disappointing outlook as the company readies for a change in leadership.