Workflow
Holiday Shopping Growth Slows: Stocks & ETFs to Gain
ANFA&F(ANF) ZACKS·2024-12-02 19:01

This year's holiday shopping season, which runs from Thanksgiving to Christmas, is expected to see sales growth at its slowest pace in six years, according to separate reports from the National Retail Federation and Deloitte, per Reuters, as quoted on Yahoo Finance.U.S. retailers are offering hefty discounts and loading up holiday deals early to attract budget-conscious shoppers this year. Department stores such as Kohl's (KSS) and Macy's (M) have turned cautious with their annual forecasts due to a slowdow ...