Retailers roll out recession playbook
Retailers including Target, Macy’s and Kroger previewed their recessionary playbooks in recent earnings reports. The companies’ strategies include stocking up on high-frequency items like food, becoming more strategic about discounts and winning more of loyal customers’ wallets. A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia … Read more