The outlook on holiday 2025 at retail is dimming. Low midsingle-digit gains are anticipated due to rising prices from tariffs and inflation, declining consumer confidence, economic uncertainties and potential stockouts. Holiday sales will continue to grow, but at a lower rate than last year. In addition, holiday shopping for some consumers began as early as...
Consumers are spending, but not necessarily on shoes. U.S. consumer spending intentions on softgoods, such as apparel and shoes, over the next 90 days are up 5.9 percent versus year-ago levels, according to a UBS survey earlier this month. High-income consumer spending intentions jumped 10.4 percent. “We think this is very important since high-income consumers...