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Is the party over for the home retail business?
Spurred on by the tragedy of a international pandemic, the dwelling retail business has been on an complete tear for the earlier two many years. Will the ripple consequences of an additional tragedy—the disaster in Ukraine—slow it down? Stories equally quantitative and qualitative are beginning to come in that sales in the retail sector—specifically house furnishings but also in the broader buyer goods market—have taken a precipitous fall more than the earlier number of months, largely attributable to the Russian invasion of Ukraine and the resulting aftershocks. Combined with climbing inflation, skyrocketing gasoline charges, never-ending source chain problems and—for deficiency of a greater term—a typical malaise, there seems to be…