The Federal Reserve is finally winning the war against inflation; that’s at least what the latest economic report says, but should still keep in mind that there are retail stocks to avoid. The U.S. economy slowed down sharply in the first-quarter (Q1), growing by just 1.6%, a dramatic drop from the 3.4% growth in the prior-year period. That statistic spells trouble for retail stocks, with consumer spending waning amidst weaker economic momentum. Hence, it’s probably the right time for investors
In the era of Amazon (NASDAQ:AMZN), many retailers have gone bankrupt because they could not compete with the e-commerce juggernaut. And of course, the pandemic-era lockdowns causing many retailers to become saddled with gargantuan debt did not help. In just the last several years multiple, once major, companies have all gone belly up. The most recent victim to file for Chapter 11 was Express (OTC:EXPR). It’s possible that, given the company’s reliance on selling clothes worn in offices, the wor
Stitch Fix's (SFIX) dedication to operational efficiency, customer satisfaction, and advanced technology position it for success despite challenges in retaining active clients.