Consumer Confidence Hits 12-Year Low as Americans Brace for Economic Uncertainty
• 1 min read
U.S. consumer confidence plunged to its lowest level since 2012, with the Conference Board's index dropping 7.2 points amid inflation concerns and trade policy shifts. Major retailers like Walmart and Target are already seeing impacts, while business leaders grow increasingly pessimistic about recession risks.
The $890 Billion Return Crisis: How Online Shopping is Reshaping Retail
• 1 min read
Retailers face mounting challenges as returned merchandise is projected to hit $890 billion in 2024, driven by evolving online shopping behaviors like 'bracketing' and 'wardrobing.' Companies are responding with stricter policies and innovative solutions while balancing customer satisfaction with sustainability.