Image source: Restoration Hardware.High-end home furnishings retailer Restoration Hardware (NYSE: RH) has struggled along with many of its industry peers recently. Sluggish performance in high-end retail has stemmed from a loss of purchasing power among customers in many areas of the country that were tied to the success of the energy markets, and when oil prices plunged, so too did disposable income among many shoppers.
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newsfeedback@fool.com (Dan Caplinger), The Motley Fool
Wed, 08/31/2016 - 9:59am
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