Retail and Consumer IPOs, Deals Tail Off as More Businesses Set Their Sights on 2023

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Retail and Consumer IPOs, Deals Tail Off as More Businesses Set Their Sights on 2023
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The total number of consumer and retail deals in the first quarter of 2022 fell 31.9% from the prior period, KPMG said in a new report.

The total number of consumer and retail deals in the first quarter of 2022 fell 31.9% from the prior period, global consultancy KPMG said in a report released Wednesday. Deal volume dropped 39.8%.

Kevin Martin, who heads KPMG's U.S. Consumer and Retail division, tells CNBC that more businesses are setting their sights on 2023 to make their big move.

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