Recent retail earnings reports have painted a mixed picture of consumer health. Telsey Advisory Group CEO and chief research officer Dana Telsey joins Morning Brief to share her insights on the retail landscape.

Telsey notes that the current retail environment is revealing "more discerning, intentional consumer spending" across all income brackets. She highlights a growing "focus on value and innovation" among consumers, which is creating a clear distinction between winners and losers in the retail sector.

"Newness and innovation matter," Telsey told Yahoo Finance, pointing to the mixed results from companies like Ulta (ULTA) and Lululemon (LULU). She adds, "It's not one path, it's multiple paths but it's the haves and have-nots that I'm seeing out there."

While product innovation is crucial for attracting consumers, Telsey cautions that "not every product that companies introduce is going to be a winner." However, she stresses the importance of continuous reinvention for brands, stating, "If you don't reinvent, you're gonna go to the bottom of the rollercoaster instead of the top."

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith