Since the credit crisis hit, deleveraging and paying off debts has been a number one priority for many. In doing so, a majority are in a much stronger position financially and this will be beneficial as the economy grows. While wage rises are still few and far between, consumer spending has shown a marked increase over the last year, and with spending comes profits.
One of the first sectors to feel the benefits of consumers opening their wallets is the retailing industry and this can spur strong rising profits during periods of economic growth. While it may be premature to buy into the large cap names such as Wal-Mart (NYSE:WMT) or Target (NYSE:TGT), some small or...
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