American Eagle debuts sustainable denim collection

American Eagle Outfitters has introduced a limited-edition line of sustainable denim pieces under the AE x The Jeans Redesign line. “Our denim is built to last across all categories,” said Jennifer Foyle, American Eagle Outfitters’ chief creative officer and Aerie global brand president. “But this specific one [collection] is made to last just a little…

Analyst says Shipt gives Target a competitive edge

Goldman Sachs retail analyst Kate McShane thinks that Target’s ownership of Shipt, the same-day delivery service, provides it a competitive edge over retail rivals that rely on third-party providers. “Target’s ownership of Shipt reduces some of the cost disadvantages of using third parties and minimizes the barrier on data sharing,” said Ms. McShane.

Retailers and restaurants losing workers over poor pay and crazy customers

Some retail industry workers are finding the combination of low pay and difficult if not outright abusive customers to be more than they can stomach. Many are leaving their jobs in search of better opportunities, and many of those who remain are tethered to their current positions by healthcare and benefits as they too look…

Numbers of Americans filing for unemployment falls to pandemic low

Recent declines in Americans filing first-time unemployment claims continued last week as the number fell to 473,000, a record low since the novel coronavirus pandemic hit the U.S. in 2020. “Employers are really clinging to their talent,” said Jay Denton, chief analyst for ThinkWhy. “There’s a lot of demand there. We will start to see…

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