Consumer prices rose 3.5% in June, easing from May, while Federal Reserve Chair Kevin Warsh said the central bank remains committed to reaching its 2% inflation target.
Higher fuel costs are changing where consumers stop for gas and reducing the odds they’ll add snacks or drinks to the basket, according to industry data and executives.
Le Slip Français has listed in Paris, pitching investors on a French-made alternative to ultra-cheap fast fashion while expanding its own manufacturing model.
J.C. Penney reported another quarter of declining sales in the first quarter, though losses narrowed and support from Catalyst Brands and potential tariff refunds offered some relief.
Aéropostale is expanding its “Intern Diaries” content push with teen creator Déjà Clark, while pairing the series with a new collection, app-first sales window and a loyalty link-up with J.C. Penney.
With viewership and ad sales up sharply, this season of Peacock’s ‘Love Island USA’ drew more sponsors, more integrations and broader marketing campaigns from brands looking to tap into the show’s real-time audience.
On is dividing its commercial function into two roles, prompting the exit of Chief Commercial Officer Britt Olsen and new appointments to oversee global markets and customer strategy.
President Donald Trump said he will refuse to sign a bipartisan housing bill, setting up the measure to become law without his approval if he does not act by late Friday.
England’s quarter-final against Norway is expected to give the UK economy a major lift, with spending on drinks, food, tickets and televisions surging across the country.
As more people in Britain and the US use GLP-1 medicines, retailers are seeing shifts in apparel buying, with users purchasing more clothes and moving into different shopping channels.
