Reported about 1 month ago
As various retailers voice concerns over the financial health of US consumers, recent reports show mixed results from major brands. Companies like Dollar General and Ulta Beauty noted a cautious shift in consumer behavior, with many shoppers becoming more choosy and sensitive to economic pressures. While retail sales saw a nominal increase, analysts warn that the underlying trends indicate a weakening consumer demand, particularly affecting lower-income shoppers, leading to a challenging environment for many retail businesses.
Source: YAHOO