Actionable news
All posts from Actionable news
Actionable news in JWN: NORDSTROM Inc,

On sale! Make this retail stock your stocking stuffer

It's time to take advantage of the panic in the retail sector.

There's no shortage of earnings warnings — and inventory — at retailers heading into third-quarter retail earnings season.

Wal-Mart fired an early warning shot, reducing earnings estimates due to increased costs. Turns out wage hikes will not translate into consumers spending more in stores. In addition, Amazon is forcing Wal-Mart and countless other retailers that have fallen behind in omnichannel investment to spend shareholder money in a desperate attempt to play catch up.

Meanwhile, Skechers recently warned that department stores are stuffed with inventory like a Thanksgiving turkey. Throw in Michael Kors lowering sales guidance and the...