United States

Holiday shopping started strong — but can it save retail?

Struggling brick-and-mortar retailers could get some breathing room this holiday season — but will shopper confidence be enough to stave off bankruptcies in the beleaguered retail sector? So far this season, strategic discounting has encouraged shoppers to buy everything from sweaters to speakers, and analysts are optimistic that stores will be able to avoid the kind of sweeping price cuts that have eroded profits in prior years. advertisement “I think retailers all walked away from ...