Rising Sales Give Retailers Hope Ahead of Holidays

Rising Sales Give Retailers Hope Ahead of Holidays https://images.wsj.net/im-38010/social

Rising Sales Give Retailers Hope Ahead of Holidays






A parade of U.S. retail chains on Tuesday reported rising sales in the latest quarter, another sign of healthy consumer spending heading into the critical holiday shopping season.

Investors were unimpressed, dumping shares of Target Corp., Kohl’s Corp. and others that released their quarterly results. The selloff, part of a broader market decline, included retailers such as Amazon.com Inc. and Walmart Inc. that didn’t report on Tuesday.

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