{"id":13579,"date":"2024-12-03T22:20:55","date_gmt":"2024-12-03T22:20:55","guid":{"rendered":"https:\/\/topat10.com\/?p=13579"},"modified":"2024-12-03T22:20:55","modified_gmt":"2024-12-03T22:20:55","slug":"major-retailers-vie-for-piece-of-holiday-spending-boom-as-gulf-between-industrys-winners-and-losers-widens","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=13579","title":{"rendered":"Major retailers vie for piece of holiday spending boom as gulf between industry\u2019s winners and losers widens"},"content":{"rendered":"\n

Last week was a big one for earnings results from major retailers, with the likes of Abercrombie & Fitch, Dick\u2019s Sporting Goods, and Urban Outfitters<\/a> among those boasting about a Q3 beat and projecting optimism about sales to close the year. However, other giants in the space\u2014think Kohl\u2019s, Macy\u2019s, and Target\u2014are struggling, especially considering the success of discount competitors like Walmart<\/a> and Costco<\/a>. Research indicates these big box stores are courting budget-conscious customers, taking advantage of a subtle rise in sentiment<\/a> now that inflation<\/a> has cooled. \u00a0<\/p>\n

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An emphasis on value and affordability<\/a> is creating a stark divide between the industry\u2019s winners and losers. Many of the apparent victors, meanwhile, are carrying momentum into the all-important holiday season<\/a> as Americans reach deep into their wallets to splurge on gifts for family and friends. <\/p>\n

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