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US Retailers Face an Increasingly Difficult Sales Environment

First Quarter Retail Sales Data Disappoints, Retailers Lower Expectations for Remainder of 2023
The Home Depot was just one of numerous U.S. retailers that lowered sales guidance for 2023 in response to disappointing first quarter results.
The Home Depot was just one of numerous U.S. retailers that lowered sales guidance for 2023 in response to disappointing first quarter results.
CoStar Analytics
June 9, 2023 | 3:55 P.M.

The strength of the brick-and-mortar retail sector was one of the biggest surprises coming out of the pandemic. Many market pundits expected the pandemic to be the straw that broke retailers’ backs.

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