Why these four retail stocks are likely to survive a downturn
Alongside JB Hi-Fi, Lovisa, Premier Investments, Harvey Norman and Super Retail, these lesser-known names are well-equipped to face a drop in spending.
Hope of a pause in interest rate rises after a softening in quarterly CPI may have helped support markets in the short term. High inflation levels, however, are continuing to weigh on consumer confidence.
And when consumers are stressed, they spend less.
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Elio D'Amato is from the Australian & NZ team at data research firm Stockopedia.
