Editor
As retailer after retailer has reported second-quarter over the last two weeks, the message has been loud and clear: sales were good, even great this summer. Don’t expect it to last.
Kohl’s, Lululemon and American Eagle trimmed their annual sales forecasts this week, while Foot Locker, PVH Corp. and Birkenstock affirmed their already-cautious previous guidance. Gap confirmed its full-year sales guidance of slight growth amid a turnaround…
