‘Legendary’ consumer resilience in the face of inflation: Lands’ End CEO

‘Legendary’ consumer resilience in the face of inflation: Lands’ End CEO

With inflation setting a new 40-year high for the month of February, the Federal Reserve looks to pump the brakes on surging prices with the first rate increases since 2018. In light of these inflationary pressures, Lands’ End (LE) CEO Jerome Griffith believes that the outlook for American consumers is optimistic.

“I think people are generally concerned about inflation out there. But at the same time, you know, people are still out spending,” he told Yahoo Finance Live. “The resiliency…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *