Inflation
Air Cargo Demand Showed Some Lift in August
Global demand fell 8.3 percent compared to August 2021, a slight improvement on the year-on-year decline of…
How Vera Bradley is Strategizing for Consumer Spending Shifts
Consumer behavior is changing rapidly, said Vera Bradley president Daren Hull. Inflation is just one of the…
Bevy of Data Paints Paltry Picture for Holiday Sales
Discretionary spending appears to be weakening as inflation headwinds continue to impact consumer spending…
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Global Production Outlook Bleak, But Steadying
U.S. private sector firms registered a softer fall in output during September, according to the latest PMI…
Chinese Companies Report ‘Falling Orders,’ Trade Official Says
The "slowdown in external demand is the biggest uncertainty faced by China's trade," said Wang Shouwen…
Broad Slowdown Grips Global Economy
OECD predicts inflation will peak in the current quarter in most major economies and dip in Q4 and in 2023 in…
John Lewis Skips Profits to Help Staff
"We are responding to the cost of living crisis by supporting those who need it," said Sharon White, chairman…
Walmart and Target Reveal Holiday Hiring Plans
With October just around the corner, the mass merchant rivals are readying plans to staff up for the…
The Bottom Line: Recession More Likely Than Not
As markets await the latest Fed interest rate move, a bevy of data points to an economy struggling to find a…
Which Economies Are Flirting With Recession? Week Ahead
The CEO of FedEx Corp believes the global economy is sliding into a recession, but economists don't see that…
Inflation Remains at Play in US Economy, Key Indicator Shows
Retail apparel prices rose 0.2 percent last month and were up 5.1 percent from August 2021, according to the…
What USTR’s Tariff Ruling Means for Fashion and Textiles
Are Trump tariffs going anywhere? Not so fast, according to the nation's top trade agency.
Journeys Consumers ‘Squeezed by Inflation,’ Genesco CEO Says
The footwear firm trimmed its full-year guidance after a disappointing Q2, and now expects sales to dip as…
Lever Style Chairman Sees ‘Perfect Storm’ Brewing for Apparel Industry
"If the world tips into recession, China is probably not in position to buck the trend like it did in the…
Fed Chair Jerome Powell Just Told Retail There’s More Bad News to Come: Week Ahead
Powell said America's central bank will keep interest rates up to tame inflation, even if that means more…