NEW YORK – July 19, 2022Recently, RCS’s very own partner, Spence Mehl, was featured in Wealth Management’s article on how the retail sector remains strong despite of the worries of inflation affecting the market. See below for an excerpt of Spence’s commentary:

“We’re not seeing a lot of store closings right now, but I think that’s going to change over the next six to 12 months,” he says. “There’s been a lot of free money (over the last 12 months), and I think the consumer is going to gravitate away from non-necessities. Inventories are very high with the stores right now, and if you have a large big-box chain store in trouble, with a lot of square footage out there, that can have a detrimental effect on the entire market.”