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Specialty retail not looking so special to investors

May 11, 2016 9:54 AM ETFTD Companies, Inc. (FTD) StockURBN, FINL, PLCE, ZUMZ, DBI, ASNA, FIVE, FTD, MIKBy: Clark Schultz, SA News Editor
  • The hits keep coming for the specialty retail sector with L Brands, Gap, and Macy's all reporting troubling sales trends this week which point to a detached U.S. consumer.
  • Investors aren't ignoring the broad theme. Decliners today include FTD Companies (FTD -1.6%), Finish Line (FINL -3.5%), Five Below (FIVE -3.3%), Michaels Companies (MIK -1.9%), Zumiez (ZUMZ -4.4%), Urban Outfitters (URBN -5.2%), Ascena Retail Group (ASNA -7.3%), The Children's Place (PLCE -3.8%), and DSW (DSW -3.3%). Most of those losses follow on declines from earlier in the week.
  • Related: The new millennials ETF takes a pass on apparel store stocks (May 10)

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