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economy

FedEx Prelim Results Reveal Gloomy Economic Outlook

The parcel giant plans to shutter more than 90 offices, park planes and trim Sunday Ground operations to cut…

Macy’s Sees Risk of ‘More Pronounced Macro Downturn’

Macy's lowered full year guidance, factoring in the industry's broader inventory problem plus the dimming…

Reaching Consumers In Spite of Inflation

Heading into Back-to-School and the holidays, retailers and brands would do well to be aware and plan around…

82% of CFOs Think North American Economy Will Be in Worse Shape Next Year

Just more than half of the financial chiefs surveyed for a Deloitte report think the North American economy…

Could Diesel Fuel Be Retail’s Achilles Heel? Week Ahead

People could start rationing fuel this summer, according to one American billionaire. The implications for…

JD Sports Says ‘Key Footwear Styles’ Harder to Get

Footwear powerhouses like Nike and Adidas have had well-documented trouble in Vietnam and China.

‘Double-Digit Inflation’ Spells Trouble for Consumer Spending

Sales growth seen in the first quarter of 2022 could shrink in the coming months if inflation continues to…

Inflation Now, Recession Next? Week Ahead

Experts question whether recent fiscal actions could tip the scales toward negative economic growth.

Ex-Trump Adviser Weighs in on Tariffs, Trade Policy, Ukraine, China

"I think everyone in this room knows none of that happened," Gary Cohn said of Trump's aim to use tariffs to…

Footwear Had a Record-Setting Year. What Comes Next?

FDRA executives break down what happened in 2021 and what could lie ahead for the footwear sector.

More Women Enter Labor Force as Unemployment Rate Drops to 3.9%

Despite a new pandemic-era low for the unemployment rate, U.S. jobs are still down by 3.6 million versus…

Omicron, Inflation Cloud Retail Outlook for 2022

Many experts believe the supply chain tensions that have added to the cost of goods are beginning to show…

Without Business Tax Reform, ‘Four in Five’ British Retailers Could Close

The U.K.'s current system "substantially" impacts a retail store's profitability, one real estate firm claims.

The Inflation Bubble is Ready to Burst

Inflation has likely hit its peak in the U.S., thanks to society's gradual reopening and shoppers shifting…

Saks, Mastercard Execs Warn Against Stalling ‘Orderly Transfer of Power’

"This presidential election has been decided and it is time for the country to move forward," wrote a group…