Discounting retailers are on watch after Gordman Stores (GMAN) guides its sales forecast for H2...

|By:, SA News Editor

Discounting retailers are on watch after Gordman Stores (GMAN) guides its sales forecast for H2 lower. Caution has been the overriding theme in the sector with the space seemingly crowded with bulk stores, closeout stores, deal sites, and even supermarket chains fighting for every square inch of market share with promotions on top of promotions. FRED, FDO, FIVE, DLTR, DG, {{BIG]].