Tag: Consumers are still buying lots of furniture
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Consumers are still buying lots of furniture, electronics, home decor and clothing — from each other
They’re doing it by shopping for their closets, homes, outdoor spaces, home offices and workout areas not from retailers but from each other. Large chains such as Walmart (WMT), Target (TGT), and Bed Bath & Beyond (BBBY)are struggling with an oversupply of merchandise and lack of demand for discretionary items like furniture, electronics, home decor…