In the week 5 December store checks, Morgan Stanley analyst Alex Straton observed a slight week-on-week decrease in retail foot traffic and broadly higher year-on-year promotional clearance breadth.
Bath & Body Works is now available on Instacart, giving customers a quick and convenient way to shop for loved ones, just in time for the holidays. Bath & Body Works products are affordable and extremely giftable — in 2021, 48% of all body care and home fragrance gifts in the U.S. were purchased from Bath & Body Works.
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Dan Loeb and Bill Ackman are billionaire activist investors who own hedge funds Third Point Management and Pershing Square Capital Management, respectively.