If you thought the tech rout was bad, spare a dime for retailers: Consumers are ‘trading down in lunch meats due to inflation’ - Fortune

6/12/2022 12:00:00 AM2 years 10 months ago
by Thyagaraju Adinarayan, Lisa Pham, Janet Freund, Bloomberg

The MSCI World Retailing Index, which includes the likes of Target Corp., Zalando SE and Amazon.com Inc., is on track for its first negative year since 2008.

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