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Retailers Lay Out a Downbeat Outlook as Inflation Squeezes Low-Income Shoppers

Por: The New York Times Business March 04, 2023

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As many of America’s best-known retailers reported better-than-expected quarterly earnings this week, buoyed by shoppers who continued to spend through stubbornly high inflation, they all seemed to arrive at the same conclusion: Conditions are about to get much, much worse.Consumer spending, which accounts for about two-thirds of the U.S. economy, is a closely watched measure, and the performance of retailers is critical to that equation. This... + full article



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