Sales overall are likely to be strong over the winter holidays, buoyed by low unemployment and rising stock markets that help high-income shoppers feel flush, according to several retail industry groups and consultants. However, the dynamics challenging the industry will persist during the busy shopping season, as competition among retailers remains fierce and more shoppers buy online. Several big chains such as Toys ‘R’ Us Inc. have filed for bankruptcy protection this year, while others like Macy’s Inc. and Sears Holdings...

Source: Wall Street Journal October 03, 2017 16:40 UTC