Today in Data: Retailers Expect Customer Loyalty Amid Growing Inflation
Today in data, workers’ favorite lunchtime spots are dishing out servings of “lunch-flation” two years after the start of the COVID-19 pandemic. Plus, Ollie’s Bargain Outlet expects to benefit from consumers’ “trade down effect” as gas prices and inflation continue to stretch every dollar, and Tommy Bahama parent Oxford Industries expects consumers to continue paying full price for their desired brands.
