Bath & Body Works sounds Q2 warning amid ‘inflationary pressures’Bath & Body Works has lowered its second-quarter and full-year expectations, citing a “challenging operating and macroeconomic environment.” Tommy Hilfiger parent names taps H&M vet to head up supply chainAnother H&M veteran has joined the C-suite at PVH Corp. H&M to fully exit Russia amid ‘impossible’ situation Sweden’s Hennes & Mauritz is taking steps — including temporarily re-opening its stores — to completely shut down its business operations in Russia. Retail sales increase in June amid rising inflation Consumers remained resilient in June as inflation climbed higher and drove up prices across the board. Experts weigh in on June sales Overall retail sales (includes gasoline stations and restaurants) rose 1% in June from May, reported the U.S. Census Bureau. Here's the reaction of some industry experts. The Fresh Market scraps IPO The Fresh Market won’t be going public anytime soon. Saks: Higher-income shoppers continue to spend; spending focus shifts Higher-income or “luxury” shoppers are still willing to spend money and are widening the product categories they shop. Prime Day 2022 breaks records with $11.9 billion in sales Early results from the 2022 edition of Amazon Prime Day indicate that consumers were spending more on a larger number of products than ever before. Deloitte: Back-to-school spending to hit new high as prices rise; stores to rebound Despite rising inflation and other financial concerns, back-to-school seasonal spending to reach an all-time high. Survey: Middle-income consumers spending less amid recession concerns Rising inflation and interest rates are causing many consumers to take proactive steps to secure their finances. First Previous 119 120 121 122 123 Next Last