Shoppers bought less electronics, furniture and some types of clothing compared to a year ago, according to NPD Group.
, according to data firm Sensormatic Solutions. So far, shopper visits to many retail segments, including apparel and electronics, are down year-over-year, according to foot-traffic data from Placer.AI.
Among the losers so far are fast-fashion retailer H&M, which waited too long to raise prices, and department stores including Kohl’s and Best Buy, which saw dramatic declines in foot traffic of at least 15%, according to Placer.AI.Many stores dangled discounts earlier in the season to lure inflation-weary consumers and clear out inventory.
Ulta “is proving itself as not only one of the more resilient names in beauty, but a name with strong momentum,” said Korinne Wolfmeyer, Piper Sandler analyst.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
21 Best K-Pop Music Videos of 2022This year’s best K-pop music videos took us through wondrous lands, cathartic nostalgia, and grand theatrical numbers.
Baca lebih lajut »
Richmond's most expensive home sales in 2022The number of homes that sold for a million dollars or more doubled this year, according to an Axios analysis of data from the Richmond Association of Realtors.
Baca lebih lajut »
Biden has granted only seven formal sit-down interviews with journalists in 2022President Biden has maintained what the New York Times once described his 'low-key media strategy,' granting far fewer interviews than any president in recent history.
Baca lebih lajut »
These were our favorite cars of 2022 - AutoblogThe cars and SUVs that Autoblog's editors most enjoyed in 2022
Baca lebih lajut »
Jeanne Jakle's best TV shows of 2022The year's must-see shows included The year's must-see shows included 'The House of the...
Baca lebih lajut »