US Retail Sector on the Mend

The U.S. retail sector, after years of struggling with to attract consumers, investors, and positive press coverage, may finally see a comeback on the horizon.
US Retail Sector on the Mend
People walk by the newly opened Nordstrom men's store, the company's first Manhattan location, on April 12 in New York. Spencer Platt/Getty Images
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Everyone loves a good comeback story. The U.S. retail sector, after years of struggling to attract consumers, investors, and positive press coverage, may finally be seeing a comeback on the horizon.

For years, the prevailing narrative was that retail is in the midst of a multiyear downturn driven by a secular shift in consumer preference for online shopping. The negative sentiment hit the stocks and bonds of retailers as well as commercial real estate operators.

Fan Yu
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.
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