3 Retail Stocks to Buy Now: May 2024
COSTCostco(COST) investorplace.com·2024-05-25 02:20

The retail industry is going through a tumultuous four years of never-before-seen shockwaves. First, the pandemic justified the government to shut down the economy, causing many retailers to go bankrupt. After reopening, those that remained briefly benefited from the spurt of “revenge shopping” by consumers who used the stimulus checks the government handed out. Unfortunately, that ignited the highest level of inflation the country has seen in 40 years, followed by the fastest ratcheting up of interest rate ...