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More Horrors Await After $550 Billion Retail Earnings Meltdown

  • Rising costs, inventories among key issues facing the industry
  • Results from Costco, Macy’s, dollar stores are due next week
A customer exits a Costco store in San Francisco. 

A customer exits a Costco store in San Francisco. 

Photographer: David Paul Morris/Bloomberg

Soaring costs and swollen inventories have retailers on the ropes, and investors fear that the punishment won’t ease anytime soon.

With companies from Costco Wholesale Corp. to Dollar General Corp. and Best Buy Co. set to report earnings next week, investors are bracing for more bad news after a disastrous few days that sent giants like Walmart Inc. and Target Corp. to their worst stock-price drops since 1987.