(AP Photo/Chuck Burton)

4 Reasons Why Shoppers Are In The Mood To Spend

August 29, 2018
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The Associated Press

NEW YORK (AP) — The store isn't dead for Home Depot, Kohl's, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend.

What's driving it? A booming economy and companies' own efforts to try to Amazon-proof their businesses. That means making their stores more pleasant, updating their websites and speeding up delivery booming economy market.

The bounce is a welcome reprieve from talk of a retail apocalypse that flourished after a spate of bankruptcies. Plenty of stores are still struggling, particularly mall clothing chains like Victoria's Secret and department stores like Sears.

So is it the start of a sustainable revival? Some experts believe that's the case for certain retailers who are enjoying a revival that could last a while.

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