money-talks

Market Movers: Retailer earnings plunge amid shrinking disposable income

It wasn't a good second quarter for retailers. Some have really seen a sharp reversal of fortunes during the first half of this year. After posting quarter after quarter of eye-popping sales during the COVID-19 pandemic. Now they're seeing clothing, coffee makers, lamps and more goods linger on the shelf and then get kicked to the clearance rack. #RetailerEarnings #Walmart #Target

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