) both reported earnings on Wednesday, giving more insight into the current consumer landscape. In the earnings release, Dollar Tree CEO Rick Dreiling attributedLSEG Director of Consumer Research Jharonne Martis joins Catalysts to give insight into the current state of the consumer and what it signals for the broader retail landscape.
That part of their strategy was to have a very good, strong Omni Channel presence, which is in line with what we've seen with the other retailers as well. Which company is best positioned to really navigate through this consumer value hacking environment that we have seen really play out right now?Old Navy was a big winner for back to school because those parents know those kids are gonna grow and those items are only gonna last a few months.It seems like value proposition right now.How are they navigating and communicating to the street?
In a collaboration with centric market intelligence, we found out that the most amount of merchandise was on sale in July, which is why the consumers went out and shopping.Uh, consumers are just saying that more merchandise is on sale, but the discount offered on those uh, products is still below 40%.A lot more merchandise on sale.Unless you're getting a 40% discount, you're really not getting a good discount.