Retailers begin reporting this week, but the delta variant is a big wild card


Retail earnings have never been better, but the delta variant remains the wild card.

For Joe Feldman, who follows retail as senior managing director at Telsey Group, this is the biggest issue: “The consumer is ready to spend, but I am worried about the cost side of things,” he said. “They are nervous due to freight expenses and labor costs. How much can they pass on?”

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