Photographer: Frantzesco Kangaris/Bloomberg © 2009 Bloomberg Finance LP The weather has played funny tricks these past weeks with retail business. First it was too warm, and no winter apparel sold qui...
Tag: discounting
Not All Retailers Are Overstocked for the Holidays. They’re Discounting Anyway.
Many big retailers are discounting heavily and earlier this holiday season to clear excess stock from their shelves and warehouses. But others, with no substantive overhang of inventory, are also offe...
Online holiday spending expected to be weak after months of early discounting
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images After months of sales and markdowns from re...
‘The markets are not even close to discounting the full extent’
A combination of high inflation and slowing growth is setting the U.S. on a path to stagflation, according to a renowned former Federal Reserve economist Stephen Roach. It’s the same poisonous blend t...