Risky Retail: 3 Stocks Investors Should Avoid in 2024
Big Lots(BIG) InvestorPlace·2024-01-03 23:39
All in all, it’s certainly not a horrible time to be a brick-and-mortar retailer in the United States. That’s because the labor market remains strong, while consumers appear to be ready to spend more of their money on goods, interest rates are falling and the wages of retail employees are no longer zooming higher. However, we are still in the e-commerce era, when e-commerce is taking market share from brick-and-mortar names. Therefore, after Bed, Bath and Beyond and Rite Aid (OTC:RADCQ) went bankrupt last y ...