Lululemon's Challenges - Lululemon's core business was losing momentum, leading to unsuccessful expansion attempts [1] - Increased competition from companies like Alo and Vuori is significantly impacting Lululemon [3][4] - Lululemon is losing its core customer base to competitors who have strong brand identity, quality fabrics, and effective marketing [6] - Alo and Vuori each have over 100 stores across the United States, posing a challenge to Lululemon's market share [4] Consumer Trends and Economic Factors - Negative consumer trends are described as "Lions, tigers, and bears," representing choppy mall traffic, rising inventories, and peak margins/earnings [7][8] - Retail inventories are rising faster than sales growth, which is concerning for most mall retailers [7] - The consumer is becoming more price-sensitive due to a weaker job market and lower wage growth [9][10] - High credit card debt of $1.2 trillion may limit consumer spending [9]

So, let's get back to our panel. Here we have Greg Do, EY chief economist. Also joining us is Leslie Falconeio, UBS Global Wealth Management head of taxable fixed income strategy and Steve Sausnik, Interactive Brokers chief strategist.So, uh, Greg, let's start with you there. You had that 40k call. We are coming in quite lower than consensus at this point, 22,000.What's your reaction. >> Well, I think generally speaking, we have a fairly weak uh jobs report here. uh we have all the indications that employer ...

Retail Sales Performance - UK retail sales declined in the three months to July [1] Economic Impact - Consumer caution continues to hold back Labour's plans for growth [1]

Consumers are still spending despite tariff pressures, but reports show they're getting more selective about how they spend money. https://t.co/6F28IOPzWz ...

Consumer Spending Trends - Households earning between $50,000 and $100,000 are reducing spending [1] - Higher income earners continue to spend [1] Economic Impact - Households earning $50,000 to $100,000 are feeling increasingly financially constrained [1]

Macy’s raised its annual outlook and reported its best comparable sales growth in 12 quarters, the latest signs that consumers are still spending despite concerns about inflation and tariffs https://t.co/u0ClEXqolu ...

Consumer Spending Trends - US holiday spending is expected to decrease this year [1] - Gen Z's concerns about rising prices, tariffs, and higher cost of living are driving the decline [1]

Consumer Spending Trends - Households earning between $50,000 and $100,000 are trading down and cutting back on spending [1] - Households earning between $50,000 and $100,000 are feeling increasingly strapped [1] - High earners continue to spend [1]

Following today's PCE and consumer sentiment data, as you can see, the S&P 500 off by a little more than half a percent. Wells Fargo Investment Institute senior global market strategist Scott Ren joins us. If we were to ask you to take that rarack test that Steve was just talking about and interpret disperate data, how do you read it on the economy.Well, I tell you, uh, Contessa, we're looking for the economy to slow. And you know, Steve mentioned that Atlanta GDP number, which you know, I'm you know, I I'm ...

Back consumer sentiment data out a few moments ago. It did miss. That's after inflation data this morning was roughly in line with estimates.Joining us this morning is Joseph Tanius, chief investment strategist at Northern Trust Asset Management. And Mark Xandy's back, chief economist at Moody's Analytics. Guys, happy Friday.Happy end of summer. It's good to have you both. Mark, um, I don't know if you thought PC was going to be the most important number for a while, but we are heading into some labor numbe ...