Retailers Brace as 70% of US Consumers Skip Retail Purchases to Buy Groceries and Gas
RH (Restoration Hardware) CEO Gary Friedman and Kroger CEO Rodney McMullen both had it right last week when they reported their respective Q2 earnings: Inflation is taking a heavy toll on consumer spend. It’s also creating a potential windfall if you happen to operate in a category of retail spend that’s regarded by consumers as […]