Major US Retailers Warn: Lower-Income Consumers Are In Trouble

Companies from McDonald's Corp. to Costco Wholesale Corporation to Burlington Stores, Inc. to Nordstrom, Inc. to Macy's to Advance Auto Parts, Inc. to AT&T Inc. to even Dollar Tree, Inc. have all echoed a very alarming message that low-tier consumers are scaling back purchases as inflation bites.
Read more: https://www.zerohedge.com/markets/major-us-retailers-warn-lower-income-consumers-are-trouble

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