This summer has been a rough period for retailers reporting earnings results -- and Macy's was no exception. The department store surprised investors by logging its first quarter of shrinking sales growth in years. Was that drop just a sign of more weakness to come?

In the following video, Fool contributor Demitrios Kalogeropoulos argues that investors shouldn't get too worked up about Macy's second-quarter miss. The company was hurt by trends that were affecting the entire industry last quarter, and it has a good plan in place for going after growth for the remainder of 2013. Overall, Macy's looks like a good value in a struggling industry, he says.

The retail space is in the midst of the biggest paradigm shift since mail order took off at the turn of the last century. Only those most forward-looking and capable companies will survive, and they'll handsomely reward those investors who understand the landscape. You can read about the "3 Companies Ready to Rule Retail" in The Motley Fool's special report. Uncovering these top picks is free today; just click here to read more.


The article 1 Retailer That Still Looks Strong After Earnings originally appeared on Fool.com.

Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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