Walmart represented last week by mass retail stocks $Walmart (WMT.US)$, Target $Target (TGT.US)$Explosion; carrying the pressure brought about by the supply chain and inflation, not transmitting the pressure to downstream consumers;
This week, US department store stocks $Macy's (M.US)$ $Nordstrom(Delisted) (JWN.US)$Continued sharp rise. Executives are also optimistic about the future and have given good performance guidance and expectations.
Can department stores raise prices? But can't prices be raised for mass consumer goods?
You will find that the public's overall purchasing power is being eaten away by inflation; however, due to the restart after the pandemic, people need to go to the office to buy high-end clothing; and these high-end garments are not sensitive to prices, and can smoothly transfer costs, causing volume and price to go hand in hand.
Maybe even with the pandemic, etc., high-end consumption in the middle class and above is relatively less affected?