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Investors’ concerns over the pace of economic recovery due to the resurgence of COVID-19 cases and high inflation have made the markets volatile. However, several retail companies have strengthened their digital presence. Also, most retailers are dealing with inflation by passing on higher costs to their customers through price hikes. Furthermore, the gradual revival of foot traffic in retail stores with the economy’s reopening should support retailers’ growth. According to a Research and Markets report, the global retail market is expected to grow at a 7.7% CAGR between 2020 – 2025.
COST has gained 20.7% in price over the past three months, while AMZN has returned 8.1%. Also, COST’s 21.2% year-to-date gain is higher than AMZN’s 6.8% returns. And, in terms of their past six months’ performance, COST is the clear winner with 37.6% gains versus AMZN’s 10.6% returns.
