U.S. retailers are happy to have the second quarter behind them, but they’re hardly breathing a sigh of relief as they catch their breaths.
A large group of stores reported quarterly earnings on Thursday and even those to emerge relatively unscathed from the persistent promotional pressures of the period were careful to keep their customary optimism about the second half, and particularly holiday, in check. While they plot strategies to mitigate those pressures and avoid price battles, they acknowledged the hair-trigger nature of discounting, whether prompted by direct competition or consumers’ increasing tendency to do their shopping and price comparison online.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)