Opportunities And Potential Headwinds In Retail

Bloomingdale’s is set to open a small-format store called Bloomie’s in Virginia on the heels of other retailers introducing similar concepts. In earnings, increasing supply chain costs and environmental challenges could bring a deflated fiscal year for Helen of Troy even with consumers’ return to in-store shopping. And, in the economy, retail job openings climbed again in May per new data from the U.S. Bureau of Labor Statistics. All this, Today in Data.

Data:

2017: Year that Nordstrom opened a small-format store.

974K: Number of job openings in the retail sector in May, per U.S. Bureau of Labor Statistics data.

$541.2M: Sum of Helen of Troy’s consolidated net sales revenue for the first quarter of fiscal 2022.

20K: Total square footage of the new Bloomie’s store in Fairfax, Virginia.

5.5%: Projected percentage rise in retail sales between July 15 and Sept. 6, per Mastercard Spending Pulse.