Seeking Alpha

Department store malaise: Macquarie's Liz Dunn take a swipe at the prospect for department...

Department store malaise: Macquarie's Liz Dunn take a swipe at the prospect for department stores to beat sales estimates, saying the expiration of the payroll tax cut and shaky consumer confidence will hit the sector fairly hard. She favors global brands selling in hotter markets such as Ralph Lauren (RL +1.8%), Coach (COH +1.9%), and Fossil (FOSL +0.7%) over mall-based plays such as J.C. Penney (JCP -0.7%), Kohl's (KSS +0.5%), and Macy's (M -0.6%).
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector