Surviving an Economic Downturn in the Retail Sector
Enterra Insights
APRIL 13, 2023
He explains, “One side — call it Team Stagflation — argued that it would take years of pain and high unemployment to restore price stability, which is what happened after the high inflation of the 1970s. And sales of big-ticket items like jewelry and electronics have weakened. Credit card balances have ticked up.
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