MIDDLE-CLASS SHOPPERS ARE PULLING BACK, SENDING ALARMS THROUGH THE RETAIL INDUSTRY: 'THERE ARE SIGNS OF REAL DISTRESS ON THE WAY'
https://s.yimg.com/ny/api/res/1.2/j14X.wzmG1Czeinfm3p7IA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD05MDA-/https://media.zenfs.com/en/business_insider_articles_888/b6dececdec676e314838decf799b4b09
✍️ Home Depot missed forecasts as middle-class shoppers pulled back on big projects due to milder weather and housing pressures.
👉 Home Depot missed forecasts due to weakening sales growth 👉 Middle-class shoppers are pulling back on big projects 👉 Milder weather and housing pressures affected demand 👉 Analysts warn of a 'soft to softer' consumer backdrop heading into winter
-- #TedDecker #BrianW.Nagel #NeilSaunders #ChrisKempczinski #ChadLusk #SebastianSiemiatkowski #business
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