Tag: Macy’s
Macy’s Had A Great 2011 Holiday Shopping Season
Reports of a strong holiday shopping season were a bit exaggerated. Large retail store sales for the month of December missed estimates by a wide margin. Analysts were expecting sales to increase by 3.8%. But they advanced by just 3.3%. The weak economy, high unemployment, and low consumer confidence kept consumers cautious and sensitive to […]
Why Now’s The Time To Short Retail Stocks!
Last weekend I did something most fathers dread. I took my two daughters (ages 8 and 12) clothes shopping. Summer is fast approaching and it’s time to replace all the summer wear they’ve outgrown. Don’t get me wrong. I love to spend time with my girls. But, I’m not a shopper. Especially, when it involves […]
