Consumer prices tick up again in May as some summer staples soar
The Consumer Price Index saw the sharpest annual jump in three years in May.

Erin is a senior reporter covering beauty, grocery/food & beverage, and the wider CPG industry, from consumer products giants to challenger brands and the retailers that sell them, and the geopolitical factors, social media trends, and consumer behaviors that challenge or shift their strategies, from marketing to merchandising to supply chain. She also covers areas like retailers’ shifting pricing strategies and the rise of private labels, retailers’ efforts to adapt to Gen Z and Gen Alpha shoppers, and retail executive changes.
The Consumer Price Index saw the sharpest annual jump in three years in May.
She’s senior director of brand marketing at A-Frame Brands.
Kroger and E.l.f. Cosmetics are among many reconsidering their pricing strategies to attract and secure consumers.
Macy’s and Victoria’s Secret reported strong first quarters as the retailers deliver on their turnaround strategies.
She’s founder and CEO at REBEL.
Maryland was the first state to ban the practice, but proposed legislation is pending across several other states.
Rent the Runway, Ahold Delhaize, and Banana Republic announced CEO changes this month.
He’s founder and CEO at State & Liberty Clothing Co.
The 50-year-old sunscreen maker is hoping the new effort will help consumers “reappraise” the brand.
Higher prices have driven 60% of consumers to drop a brand they were loyal to this year, per a new DOSS survey.