Isn’t poor retail result good right now ?

So we saw Walmart reported a decline yesterday and cut its forecast for the full year.

Target reported a decline today and also cut its forecast for the full year.

We saw Amazon also cut its forecast for the next quarter

So people have started buying less (it seems) due to inflation I suppose. Wasn't this expected?

So now the market has a reason that economy is not in a good shape )as people are not spending)

Inflation and Spending are always proportional. You cannot price both things 1 by 1. Also with JPow raising rates, we will see even further retail decline maybe in Costco too who knows. By the next quarter even they might lower the guidance.

Also I thought the whole idea of raising interest rates was to discourage people from buying too much and easing the supply chain as well (So that stuff stays on shelves)