Wealthy shoppers are splurging at Macy's. Low-income shoppers are pulling back at Walmart
Summary by Ground News
Affluent shoppers are splurging on new outfits at Macy's, Nordstrom and other high-end outlets. Lower-income customers are pulling back on discretionary items, leading retailers say. Macy's raised its guidance for the year, pushing its stock up 12% in early trading Thursday.1 month ago·El Paso, United States
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