Former Toys 'R' Us CEO Gerald Storch explained the 'warning signs' from consumers amid the inflationary environment and what it means for the retail industry.
Trae Bodge reveals the best savings this holiday weekend as consumers are being 'very careful' amid high inflation."Department stores are really a disaster… you don't want to be trying to sell apparel these days."
On Tuesday, the Conference Board said its consumer confidence index rose to 103.2 this month from 95.3 in July, surpassing economist expectations, Reuters reported. that U.S. consumer sentiment climbed more than expected in August as gas prices dropped nationwide, but that Americans' confidence in the economy remains near a record low.
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