It's not just lockdowns. Why Target's earnings were so much stronger than Kohl's

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The coronavirus pandemic and resulting lockdowns have underscored the widening gulf between retail's haves and have-nots, as shopping picks up again and American consumers vote with their dollars.

, which reports Thursday, could note how it pivoted to selling masks when fewer shoppers were buying office attire.

"In a really crass way, the pandemic has shown a very bright light on who the best are," said Moody's retail analyst Charlie O'Shea. Walmart and Target had both expanded e-commerce services, such as curbside pickup and delivery. Lowe's had improved its website as part of a broader turnaround effort. And Home Depot had made significant investments to its supply chain.

Company executives acknowledged last week, however, that at least some of those factors could fade. Walmart said iton TVs, apparel, groceries and other goods. That tapered off in July, however, after consumer spent their windfall. Chief Financial Officer Brett Biggs told CNBC that the retailer is watching Washington, D.C., to see if there will be another stimulus check, which could help consumers and its bottom line.

 

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Cringy comparison.

Why not compare Ford and spacex... this is what is taught in finance these days? Comparing apples and oranges?

Really? Comparing kohl's and target

The people have voted with their dollars who survives in the free markets.

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