Codie Sanchez @Codie_Sanchez

Retail is facing a multi-$100B problem:

• Excess inventory is up 23%
• Sales growth is down 5.8%
• Foot traffic is down 2.3% YoY at malls…on Black Friday

But it gets even worse.

Let me explain:

Jun 1, 2024 View on X →

https://x.com/Codie_Sanchez/status/1796898007872381287