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Retail

Small business owners tackle big issues during summit

Featured speakers included George W. Bush, Warren Buffett, Michael Bloomberg, Gwyneth Paltrow, Chris Paul, Ryan Reynolds, and a variety of newsmakers and business leaders, such as self-proclaimed 'total Jersey girl' Jackie Reses, CEO of Post House Capital and chair of the Economic Advisory Council of the Federal Reserve Bank of San Francisco.

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Interior of a shopping mall.

Levin: Retail sales higher than last year, but there may be tough times ahead

“Adjusted expectations and uncertainties abound, for retail and the entire business community,” LMC CEO Matthew Harding said upon the release of the firm's Mid-Year Retail Sentiment Survey. “Still, this industry is enjoying healthy momentum, though we do anticipate – and may already be seeing – a slight cooling off on spending as consumers react to inflation, higher interest rates and other socio-economic factors."

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