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4 Retail Discount Stocks With Potential to Beat Industry Blues
TGTTarget(TGT) ZACKS·2024-06-18 16:01

With the decline of stimulus-driven spending and persistently high interest rates, the Retail – Discount Stores industry finds itself at a pivotal juncture. Inflationary pressures are causing consumers to be more judicious with their disposable income, affecting various merchandise categories and creating hurdles for retailers. The drop in U.S. consumer sentiment in June signals further potential challenges as decreased consumer confidence could lead to reduced spending, exacerbating the industry's struggle ...