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Latest In: economic downturn

consumer demand consumer spending customer experience economic downturn excess inventory Featured insight partners loyalty programs LXR mobile apps NRF Big Show off-price retail Rent the Runway resale saks off 5th value-based retail
As other retailers brace for the impact of a looming recession, Saks OFF 5TH, has a rosier outlook.

NRF 2023: Saks OFF 5TH CEO Foresees Smooth Sailing for Off-Price Despite ‘Choppy’ Economic Waters

The mood on the street these days could generally be described as gloomy. But as other retailers brace…

Features January 16
alibaba Alibaba Group china COVID lockdowns economic downturn layoffs
Alibaba Group has reportedly laid off 10,000 employees.

Reports: Alibaba Lays Off 10,000 as New Lockdowns Dampen Chinese Recovery

Ecommerce juggernaut Alibaba isn’t immune to the economic forces weighing down other retailers, particularly as new lockdowns in…

News August 8
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