It was a strong week for retail earnings. That doesn't spell a consumer comeback

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Consumers are still shopping, but being far more selective as they contend with inflation, high interest rates and an uncertain economy.

First-quarter retail earnings are coming to a close, and shoppers are still spending, but being more selective than ever.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyFoot Locker had declined over the last couple of years, but with the right combination of new strategies and a little bit of luck, its turnaround is With refreshed stores and better product displays, consumers are converting more, too, and paying full price – even Foot Locker's lower-income shopper.

The company's weak results illustrated a challenge it's still contending with: Racing to keep up with trends and stay relevant.

 

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