
Carter’s benefits briefly from the child tax credit. Plus, AI could answer the labor shortage problem, and we dive into the latest news from Amazon and Walmart.
Data:
90%: Portion of Americans who live within 10 miles of a Walmart location.
25%: Anticipated share of luxury retail purchases expected to be online by 2025.
100: Number of retail stores Carter’s will close this year.
38%: Portion of Carter’s overall sales made digitally in Q2.
964K: Number of retail job openings in May, up 35% from 2019.