Discounters and travel providers have seen strong demand from US consumers even as the prospect of a recession gets closer. But for the big-box retailers, times are likely to remain tough, according to S&P Global Ratings Retail and Restaurant Director, Diya Iyer. #SectorsUpclose #retail #News #Reuters #newsfeed #bigbox #recession #inflation Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ... ( read more )
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The retail industry is facing tough times as the world economy braces for an impending recession. Big-box retailers, in particular, are feeling the effects of the slowdown, w
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