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First Read of Holiday Sales Could Put Retail’s Q4 Margins in the Hot Seat

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

The holiday retail season fell short of expectations as sales growth slowed noticeably from 2018, prompting questions over the health of the consumer and continued fears of a 2020 recession. Mastercard SpendingPulse shows total sales rose 3.4 percent, far short of the robust shopping season from the past two years when total sales in 2018…

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