Wall Street believes that winning retail stocks this holiday season could include Amazon , Walmart , TJX Companies and Burlington . In a note published Monday, a team of Goldman Sachs analysts led by Brooke Roach summarized its findings after surveying 1,000 U.S. consumers about their shopping plans this coming season. Roach reported that all signs indicate a "more measured" spending environment this year, with a smaller proportion of consumers indicating they still plan to spend the same or more on holiday purchases compared to 2024. "Optimism is increasingly concentrated among the higher-income consumer, while we observed relative pullback within low- and middle-income households. Our survey also revealed signs of value-seeking behavior — prices are perceived to be higher, promotions are

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