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High-End Consumer Drives Holiday Spend, Retail ‘Arms Race’
“The high-end consumer’s going to drive the spend this holiday,” says Charlie O’Shea, citing anecdotal evidence of long lines even in the cold. The question is what will happen on the lower end, he adds. He covers the “arms race” of Amazon (AMZN) free shipping and its avoidance of brick-and-mortar vs Walmart (WMT) and Costco (COST). He thinks Target (TGT) is doing a good job despite “bumps in the road.”
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By Schwab Network“The high-end consumer’s going to drive the spend this holiday,” says Charlie O’Shea, citing anecdotal evidence of long lines even in the cold. The question is what will happen on the lower end, he adds. He covers the “arms race” of Amazon (AMZN) free shipping and its avoidance of brick-and-mortar vs Walmart (WMT) and Costco (COST). He thinks Target (TGT) is doing a good job despite “bumps in the road.”
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about