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Start / CNBC’s ”Fast Money” / Rh sends a warning sign on the consumer and putting a number on the shrink problem 9 8 23

CNBC’s ”Fast Money”

RH Sends a Warning Sign on the Consumer, and Putting a Number on the Shrink Problem 9/8/23

23 min • 8 september 2023

Shares of Restoration Hardware posted their worst day since the start of the pandemic after issuing a big warning on the state of the luxury housing market. But is this a canary in the coal mine over the strength of the consumer? Plus shrink has been a big issue for the retail sector of late, and we’ve got the numbers on just how concerned we should be.

 

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