"retailer warnings . . . are . . . tied to #bankingcrisis . . . more than commercial real estate."

The real economy continues to reel. More retailer warnings going mostly unheeded which are absolutely tied to #bankingcrisis via more than commercial real estate. Foot Locker another one admitting spending way down/inventories way too much. https://t.co/QzdjY0u1ns pic.twitter.com/7bFi2kkgL9

— Jeffrey P. Snider (@JeffSnider_AIP) May 21, 2023