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HomeTop Global NewsHoliday spending isn't expected to rise. We like our retail set-up

Holiday spending isn’t expected to rise. We like our retail set-up

A shopper in the seasonal aisle of a Target store on Black Friday in Chicago, Illinois, US, on Friday, Nov. 25, 2022. US retailers are bracing for a slower-than-normal Black Friday as high inflation and sagging consumer sentiment erode Americans demand for material goods. Photographer: Christopher Dilts/Bloomberg via Getty Images

Bloomberg | Bloomberg | Getty Images

The bad news: Consumers aren’t expected to spend more this holiday season. The good news: Our retail stocks should do well anyway.

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