1410 ET - Investors seem to be optimistic about some brick-and-mortar retailers' performance over Christmas. Shares of certain retailers with large brick-and-mortar footprints rise Thursday. Mastercard reports that value-minded consumers showed up to shop at physical locations in addition to making purchases on e-commerce sites, though online sales grew faster in the holiday period. Dollar stores and discounters' stocks, including Dollar Tree and Five Below, post over 3% gains. Stocks exposed to discretionary spending, like Best Buy and Target, also rise, as do department stores Kohl's and Macy's. (ben.glickman@wsj.com; @benglickman)
(END) Dow Jones Newswires
December 26, 2024 14:11 ET (19:11 GMT)
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