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Business

Retail had a ‘surprisingly robust’ first quarter, but the real test is ahead as tax refunds dry up

CNBC·1h ago·3 min read
Photograph via CNBC
RSS SUMMARY · AGGREGATED FROM CNBC

The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.

The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.

The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.

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