Leading retail industry analyst Dana Telsey, chief research officer at Telsey Advisory Group, says that the retail industry is poised to overcome high inflation, rising interest rates, supply-chain issues stretched by Russia’s invasion of Ukraine and more thanks to culture and structural changes, the closing of struggling stores and lagging shopping centers and a resilient, healthy consumer. Telsey acknowledges how retail struggled during the first quarter of the year, but noted that she has high hopes for the remainder of the year, especially as big events and celebrations return to help drive additional shopping.
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