Strong Retail Sales Mask Consumer Divide Amid Rising Costs, Says Analyst Kodali
Macro·1 article across 1 outlet
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Forrester analyst Sucharita Kodali says strong retail sales are hiding a major divide in the US consumer. Higher-income shoppers are still spending, while rising gas costs squeeze lower-income households.
Kodali explains why Walmart, Costco and Amazon could gain even more ground this holiday season as the disparity in consumer spending continues to widen.
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“Forrester analyst Sucharita Kodali says strong retail sales are hiding a major divide in the US consumer.”
Bloomberg — Strong Retail Sales Hide Consumer Divide: Analyst Kodali