Reported 2 months ago
Recent election headlines are diverting consumer attention away from shopping, compounding challenges for retail giants like Etsy and Amazon, who are already facing weakened discretionary spending. Etsy has withdrawn its Q4 forecast due to unpredictable macro conditions, while both companies report consumers are becoming more selective in their purchases. As earnings season progresses, retailers will need to adapt to this shifting landscape to attract spending.
Source: YAHOO