Declining inflation, robust consumer spending, expectations of strong holiday sales, and a growing trend toward online shopping are some of the factors expected to bolster the long-term growth prospects of the retail industry. Therefore, it could be wise to invest in fundamentally strong retail stocks like The Kroger Co. (KR), Jerónimo Martins, SGPS, S.A. (JRONY), and Marks and Spencer Group plc (MAKSY) for potential gains.
Before diving deeper into the fundamentals of these stocks, let’s discuss what’s shaping the prospects of the retail industry.
