Major retailers temper expectations for 2025 as Americans slow their spending

Uncertain Shoppers Slow Spending as Retailers Temper 2025 Expectations

The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.

Retailers temper expectations as Americans slow their spending

A pullback by American shoppers has led to more caution from national retailers about their sales potential in 2025, Abercrombie & Fitch on Wednesday becoming the latest.

Retail Layoffs Surge As Retailers Adjust To Mounting Economic And Profitability Pressures

Retail job outlook is bleak as retailers have announced over 45,000 layoffs to date, nearly 7 times more than last year, and store closures will far outpace openings.

Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power

In this articleGAPFollow your favorite stocksCREATE FREE ACCOUNTA shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center in Los Angeles. Robyn Beck | AFP | Getty ImagesGap on Thursday posted another quarter that blew away expectations, indicating its turnaround under CEO Richard Dickson is working better – and faster – than Wall Street anticipated. Shares jumped 17% in exte…

Macy’s Soft Sales Outlook Shows Turnaround Bid Is Dragging On

Macy’s Inc. gave a more downbeat outlook for sales and profit this year than Wall Street had been expecting, a sign executives are cautious about the American consumer.

Major retailers temper expectations for 2025 as Americans slow their spending

Some retailers are beginning to take a more cautious approach with their financial forecasts as they keep a closer eye on signs of a pullback in consumer spending. Among the