By and and  on November 14, 2013

A bruising battle for the tight dollars of budget-conscious shoppers is developing for holiday.

Wal-Mart Stores Inc. and Kohl’s Corp. both provided cautious forecasts for holiday sales as they reported third-quarter earnings Thursday, demonstrating the uncertainty affecting both the mass and mid-tier channels, while Nordstrom Inc. stuck with earlier forecasts as a string of retailers — also including Dillard’s Inc and American Apparel Inc. — reported quarterly results.

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