Amid cooling inflation and robust job growth, retail sales are projected to increase this year. Given the industry’s robust demand, investors could look into quality retail stocks Casey's General Stores, Inc. (CASY), Marks and Spencer Group plc (MAKSY), and Weis Markets, Inc. (WMK) this month.
According to Coresight Research, the U.S. grocery retail market stands to see moderate growth this year, marked by lower inflation, an ongoing consumer shift toward foodservice, and share gains by nontraditional grocery retailers.
