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Retail Earnings: Winners & Losers

"The winner is the consumer, while the loser are Amazon, Walmart, and Target. General merchandise is tough from a pricing point of view," says Jan Rogers Kniffen. "The consumer cannot withstand high gas prices and inflation for much longer. The winners would be dollar and grocery stores," adds Patrick McKeever. Are labor and supply chain issues to blame for the latest Target (TGT) and Walmart (WMT) earnings reports?

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