Holiday Sales to Favor Luxury, Department Stores (Wednesday's News & Notes)

The National Retail Federation expects luxury stores and department stores to see relatively healthy sales results this holiday season, according to Reuters. While value-oriented retailers like Walmart have laid claim to consumers' wallets in recent years, luxury stores and department stores are going to come back into vogue as shoppers turn from an all-consuming focus on value toward more discretionary goods like jewelry and apparel. For more stories on retail and retail real estate, follow the links below:

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