Home Business Retailer Results Send Mixed Signals on Consumer Spending – The Wall Street Journal

Retailer Results Send Mixed Signals on Consumer Spending – The Wall Street Journal

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Retailers gave a mixed read on consumer spending heading into the pivotal holiday season, with department store chain Kohl’s Corp. and Home Depot Inc. reporting weak demand, but discounter TJX Cos. continuing to log strong sales.

Kohl’s said comparable sales—typically those from stores open at least a year—increased 0.4% from a year ago in the quarter ended Nov. 2, after several quarters of declines. The increase was less than Wall Street expected. Executives said the chain was entering the holiday period with momentum, but…

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