On this episode of the Remarkable Retail podcast, Steve Dennis and Michael LeBlanc break down a packed earnings season—and what it reveals about who's winning, who's stalling, and who's running out of road. They size up Macy's, Kohl's, JCPenney, Victoria's Secret, Gap, and Costco, plus the off-price sector's continued surge. Steve brings back retail observations from his trip to Portugal and Spain, while the duo digs into the race to the doorstep, Saks Global's bankruptcy exit, and what mounting geopolitical uncertainty means for retailers worldwide.