Consumers are getting squeezed, and the housing market looks as if a downturn is coming. But even with these pressures, Home Depot (NYSE: HD), Target (NYSE: TGT), and Starbucks (NASDAQ: SBUX) remain strong and profitable, and long-term investors have been rewarded with price appreciation and growing dividend payments.
Retailers such as Walmart (WMT), Target (TGT), Macy's (M) and DICK'S Sporting Goods (DKS) are deploying a reasonable number of seasonal associates to deal with the holiday rush.
October is right around the corner, and that means holiday shopping season is already gearing up. Target (NYSE: TGT) is launching its first holiday shopping event Oct. 6, and it plans to hire a lot of new employees to get it through the extended holiday season. The aggressive push adds more risk to Target's third- and fourth-quarter results, after profits took a massive hit from stores clearing out stale inventory in the second quarter.