Retail

For months, businesses have been skittish about stocking their shelves too deep. That's changed.

Dick’s Sporting Goods, which acquired Foot Locker last year, lowered its outlook for the shoe store, citing “challenging conditions in the athletic footwear marketplace.”

"It doesn't make you serially check your phone, because you don't have text and Instagram also there,” one user said of his screenless health monitor.

Many families are spending less on school supplies this year by buying cheaper brands or fewer items overall. Retail analysts are worried about what this will mean for the holiday shopping season.

Target, TJX Companies (parent of TJ Maxx and Marshalls), and Walmart all report earnings this week.

Consumer sentiment tumbled in early August, according to the University of Michigan survey. July retail sales were down more than half a percent from June, and AAA reports the nationwide average gas price neared a record high for August.

Ej Dickson, senior culture writer at Wired, gives us a look into why sellers are leaving Etsy, which has been inundated with mass-produced and AI-generated products.

Retail sales fell 0.6% in July, a bigger drop than expected and a sharp reversal from June's modest uptick.

Prices are up for consumers, and the stores where they are buying goods are seeing some cost increases, too.

Wholesale prices for used electric vehicles increased 10.5% year-over-year in July, and used compact cars were up just over 4%.