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Retailers trim product lines as shoppers spend less

Retailers from luxury to discount are narrowing product assortments to protect margins as shoppers pull back on discretionary purchases, even though overall consumer spending ticked up last month largely because of higher gasoline costs.

Published Oct 19, 2026, 6:00 AM EDT | LehighValleyLive

Popular retailers — from the luxury to the bargain— are scaling back their product offerings in order to boost profits.