Retailers Benefit as Consumers Shift Spending from Services to Goods, Supply Issues Ease
- Consumers shifting spending from services to goods, benefiting retailers
- Supply chain disruptions easing, global auto sales bottomed, orders for goods up
- Airfare, car rental prices for holidays down vs 2022, travel stocks falling
- Retail stocks underperformed in 2022, consumers have buying power
- Victoria's Secret, Five Below, and Crocs insider buying signals opportunity