RH Sends a Warning Sign on the Consumer, and Putting a Number on the Shrink Problem 9/8/23

<p>Shares of Restoration Hardware posted their worst day since the start of the pandemic after issuing a big warning on the state of the luxury housing market. But is this a canary in the coal mine over the strength of the consumer? Plus shrink has been a big issue for the retail sector of late, and we’ve got the numbers on just how concerned we should be.</p><p> </p><p><a href="https://www.cnbc.com/fast-money-disclaimer/"><strong>Fast Money Disclaimer</strong></a></p>