real-time news and commentary for investors
Monday, Sep 23
Retail watch: Male shoppers aren't so predictable anymore
- Younger men are changing the stereotype of the gender by becoming more willing to enter new frontiers, comparison shop, and use coupons - according to data from a new study by WSL Strategic Retail.
- The shift in attitude has caught the attention of sellers such as Lululemon (LULU) and Michael Kors (KORS), with both retailers expanding their menswear lines.
- What to watch: The "new world" of male shoppers looks to be more promotional-based and as the group enters the work force is hitting a different part of the retail scene (JWN and KSS vs. (MW and JOSB?)