RetailStocks

Retail Stocks Are a Bad Buy: Why the Rally Won't Last

The stock market's recent bounce has a lot of folks looking for a piece of the action. And with retail stocks shooting up faster than average, but still cheaper than a year ago, some analysts say now's the time to buy them. They're wrong. Here's why:

Macy's Raises Profit Outlook, Doubles Dividend

Macy's is raising its earnings outlook for the fourth quarter and full year due to a strong holiday season and says it will double its quarterly dividend to 20 cents a share. The retailer is also increasing its share repurchase program by $1 billion. The announcements came as the department store operator reported Thursday that a key measure of its December sales rose faster than analysts had expected.

Buy hhgregg, Sell Best Buy

Every portfolio can use a little refreshing. Why not consider hhgregg, the consumer electronics and appliance retailer that's growing fast at the same time that Best Buy is suffering, battered by the internet?

2 Off-the-Radar Retail Stocks Are Worth a Look

While well-known retail stocks like Wal-Mart and Best Buy get most of investors' attention, another path to investment success is to find and buy misunderstood or overlooked stocks. Ascena Retail Group and rue21 are two such stocks, relative unknowns that are performing quite well in today's difficult economic climate.

Are There Any Bargain Stocks in Teen Retail?

Despite the dismal economy, some investors have been snapping up teen retail stocks, driving their prices higher. But the combination of high fashion and high prices doesn't necessarily earn a company a premium price tag, or a place in a well-managed portfolio. Keep these metrics in mind to separate the bargains from the poseurs.

Why You Should Shop Carefully for Retail Stocks

Retail stocks surged Thursday, as June same-store sales sparked investor euphoria. The jump probably stood out even more sharply against a still-tough economy for many U.S. consumers. However, if this sudden elation has you thinking about snapping up retail shares yourself, make sure you shop with more than a little caution.

Campbell Soup CEO Conant to Step Down

Campbell Soup Company (CPB) CEO Douglas Conant will step down on July 31, 2011 after more than a decade in the post. Denise Morrison, currently the president of the company%u2019s North American soup, sauces and beverage unit, is expected to succeed Conant, Reuters reported. Morrison has been appointed chief operating officer, effective October 1.