Reported 3 days ago
As major U.S. retailers prepare to release their holiday forecasts, investor focus sharpens on consumer spending trends, particularly in light of recent stock market selloffs and the potential impact of President-elect Donald Trump’s proposed tariffs. Analysts expect a cautious yet resilient holiday shopping season, although sales growth may slow to a pace not seen since 2018, due in part to fewer shopping days and persistent inflation. Retail giants like Walmart and Target, set to report soon, must address their strategies for navigating these economic challenges, while innovative brands may gain traction in attracting value-focused consumers.
Source: YAHOO