“Shoppers will continue to be hunting for discounts,” Kenchen Bharwani, a fashion consultant for Empire Apparel LLC in New York, told The Epoch Times, predicting off-price chains will keep winning if they maintain a strong mix of recognizable brands.
Walmart, she said, can hold onto higher-income shoppers if it stays sharp on price and speed, while Target still shows signs of caution.
“I see the same caution being shown; the overall vibe is careful,” she said.