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The Top 7 Retail Stocks to Buy Now: Summer 2024
CHWYChewy(CHWY) Investor Place·2024-08-03 10:52

Retail sales are a closely watched economic indicator every month. For the last year, the monthly and year-overyear (YOY) numbers have been weak at best. But there's a bigger problem. The headline number doesn't tell the full story of what ails retail stocks. When adjusted for inflation, the retail sales numbers are negative. But you're a consumer as much as an investor, and you know it's true. Consumers started to reject price increases some time ago. Now, they're starting to shut their wallets altogether. ...