Tag Archives: retail

Inflation is still weighing on the consumer: Retail expert

Inflation is still weighing on the consumer: Retail expert

Retailers such as Target (TGT) and Foot Locker (FL) are set to report their quarterly results this week. Storch Advisors CEO Jerry Storch joins Yahoo Finance Live to discuss the current state of the consumer. Storch, the former CEO of Toys “R” Us and Hudson’s Bay, says so far “the consumer has held up pretty well.” Despite this resilience, he notes that “inflation is still real” and other pressures remain, so investors will be watching retail results “with a very sharp eye.” Retail earnings… Source link

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Western wear is ‘going to briefly take over the world,’ retail exec says

Western wear is ‘going to briefly take over the world,’ retail exec says

The so-called “Yellowstone effect” — a cultural phenomenon stemming from the popularity of the television drama “Yellowstone” — has trickled into fashion, making Western wear like cowboy hats and boots increasingly popular across the U.S. According to one executive, that trend will last for at least the next few years. Western wear is “going to briefly take over the world,” J Rogers Kniffen World Wide Enterprises CEO Jan Rogers Kniffen told Yahoo Finance Live (video above). “Why is it… Source link

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