US holiday sales growth to be muted this year, forecasts show
A subdued holiday season historically correlates with lower retail sales; similar trends were seen in past downturns affecting XRT.
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A subdued holiday season historically correlates with lower retail sales; similar trends were seen in past downturns affecting XRT.
What happened, with direct paths to the underlying reporting
Retailers expect a subdued holiday shopping season due to economic concerns. Cautious consumer spending may negatively impact retail sales this year.
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