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However, the retail sales increased 0.7% in August compared to the expectation of a 0.8% decline. Also, the upcoming holiday season is expected to drive better-than-usual sales. So, turning to retail stocks with solid momentum could be rewarding.
Retail stocks Industria de Diseño Textil, S.A. (IDEXY), Shoe Carnival (NYSE:CUK), Inc. (SCVL), and Tilly’s, Inc. (TLYS) have been witnessing solid momentum over the past few months and are well-positioned to keep rallying in the upcoming months dodging the market volatility.
