3 Retail Stocks to Buy as Inflation Shows Signs of Cooling

Retail sales remained stagnant in April, demonstrating customer fatigue arising out of stubborn inflation. It seems that Americans are going slow on their spending as inflation continues to sting, and elevated interest rates have made debts less lucrative.Per the Commerce Department, retail sales for April remained virtually unchanged at $705.2 billion. The March number was revised down to a 0.6% rise from the previously reported 0.7%. Rising prices have had an impact to the effect that retail sales fell sh ...