KROGER CEO SAYS CUSTOMERS ARE ‘RETHINKING THEIR SHOPPING’ HABITS
Kroger is finding that grocery shoppers are trading down and shifting to store brands as U.S. inflation hits a four-decade high, and seeing a particular shift from lower-income households.
STOCKS ROAR BACK WITH BEST WEEK IN A MONTH: MARKETS WRAP
US stocks rebounded from a rout that drove the market down for three straight weeks as the latest comments from Federal Reserve officials buoyed sentiment on the economy and a reading on inflation expectations eased.
THE RETAIL INDUSTRY IS FACING A POTENTIAL WAVE OF BANKRUPTCIES – HERE’S WHY
The retail industry is up against a potential wave of bankruptcies following a months long slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning prices dent demand for certain goods, stores contend with bloated inventory levels and a potential recession looms.
2022 CMBS DELINQUENCY RATE
Continuing a two-year-old trend, the Trepp CMBS delinquency rate posted another sizable decline. The Trepp CMBS delinquency rate posted another large decline in May 2022. At the current improvement rate, the overall delinquency rate could fall below 3 percent in the coming months, a prospect that seemed unthinkable during the COVID-19 pandemic.
THE LUMBER ROLLER COASTER TAKES ANOTHER PRICE DIVE
Look at six months of lumber futures and, if you depend on the material in your business, things look downright promising. At $555.9 per thousand board feet, it’s almost like a beneficent construction deity is blessing you with fairer weather and the ability to buy a 2×4 without needing a mortgage.