Retail sector is telling us things are getting ugly - KTLA Los Angeles

5/24/2022 12:00:00 AM2 years 11 months ago
by David Lazarus
by David Lazarus
Most economic indicators are telling us there’s rough sledding ahead. The retail sector is speaking loudest. Shares of once-hot clothing merchant Abercrombie & Fitch tumbled by about 30% Tuesday after the company became the latest retailer to report an unexpe…
Most economic indicators are telling us there’s rough sledding ahead. The retail sector is speaking loudest. Shares of once-hot clothing merchant Abercrombie & Fitch tumbled by about 30% Tuesday… [+1531 chars]
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