5 Solid Retail Stocks to Buy Amid Persistent Sales Challenges
WalmartWalmart(US:WMT) zacks.com·2024-05-22 13:31

The U.S. retail sector has had a turbulent journey over the past year as price pressures have been hampering sales. However, the sector has still managed to hold its ground and sales have largely been impressive.The Commerce Department said last week that retail sales in April totaled $705.2 billion, unexpectedly remaining unchanged month over month after increasing 0.4% in March. This comes as a surprise, given that the retail sector put up a great show in the first quarter despite higher inflation and bor ...