From CNBC: 2024-10-24 08:00:01

A consumer sentiment survey indicates Nike and Kohl’s are still favored by a wide range of shoppers, with Nike ranking first in active footwear and Kohl’s leading in department stores. Despite this, both companies are facing sales declines and stock price decreases. Retailers should focus on offering the right products at the right time to prevent losing customers to competitors due to inventory issues. AI technology can help forecast and optimize inventory placement to meet consumer demand.



Read more at CNBC: Consumers choose favorite retailer Nike Kohls