Retail Stocks Rebound But ‘Feast Or Famine Environment’ May Persist Amid Shift In Consumer Spending, Experts Warn

Retail Stocks Rebound But ‘Feast Or Famine Environment’ May Persist Amid Shift In Consumer Spending, Experts Warn

The retail sector has been hard-hit by a selloff in recent weeks amid warnings from major companies that surging inflation has impacted profits, and despite a rebound on Wednesday, experts predict further challenges ahead as consumer spending becomes increasingly hard to predict.

The retail sector has seen a big sell-off in recent weeks as several major companies reported ... [+] profits took a hit from inflationary pressures.