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In addition, the declining unemployment rate, continuous government support through fiscal stimulus, and retailers’ strengthening digital infrastructure and home delivery networks are projected to drive the industry’s growth.
Moreover, we think small-cap players in the retail space should continue benefiting from the low-interest environment. Therefore, small-cap retail stocks The Container Store Group Inc. (NYSE:TCS) and The Cato Corporation (CATO) could deliver significant upside in the near term.
