Tracking Consumer Spending Trends With Tanger Outlets CEO Stephen Yalof
Rising costs have impacted nearly every industry, including the retail sector. Shoppers looking for some spending reprieve might find what they're looking for at shopping outlets. Stephen Yalof, Tanger Outlets CEO, joined Cheddar News to talk about consumer spending trends. "What's interesting about our space is that we're seeing more customers now come into the outlet space because its an opportunity for them to buy brands at everyday value pricing and I think that's a big trend for the consumer right now," he said.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
