1. Retailers on sale: some are bargains, some are not
- Author
-
Rublin, Lauren R.
- Subjects
Macy's Inc. -- Securities ,Retail industry -- Securities ,Department stores -- Securities ,Chain stores -- Securities ,Clothing industry -- Securities ,Clothing stores -- Forecasts and trends ,United States economic conditions -- Forecasts and trends ,Banking, finance and accounting industries ,Business - Abstract
Despite a fashion trend change away from black, most retail stocks have been pounded lower in 2000, with the S&P retail index off 22%. Women's apparel margins are shrinking, taking that sector's stocks to near 10-year lows. Some firms who could buck the trend are Federated Department Stores, Limited, Intimate Brands, Abercrombie & Fitch, Gymboree, Gadzooks, and Genesco.
- Published
- 2000