Luxury expert Milton Pedraza weighs in on how the biggest names in high-end retailing are moving toward -- or away from -- upper-middle-class shoppers.

The retailer wants to win over the back-to-college crowd by turning dorm essentials into trendy TikTok animation.

That predicted decline -- the first in almost a decade -- means parents are cutting back on both apparel and tech.

Summer means up to 22 million American kids lose access to free or reduced-price meals. The grocery conglomerate is cooking up 28 million meals to help.