4 Stocks to Watch From the Challenging Retail-Miscellaneous Industry
Arhaus(ARHS) Zacks Investment Research·2024-04-16 14:40
As stimulus-driven spending gradually wanes and interest rates remain elevated, the Retail – Miscellaneous industry is facing a crucial moment. Consumers are exercising caution with their disposable income. This change in consumer sentiment is impacting different merchandise categories, posing challenges for businesses. The recent report from the Labor Department revealed a 0.4% increase in the consumer price index for March. This has dashed hopes of any recent cut in benchmark interest rates.Nonetheless, t ...