Department stores and mass merchants such as M and TGT should be the "haves" among retailers...

|By:, SA News Editor

Department stores and mass merchants such as M and TGT should be the "haves" among retailers this year, owing to better-than-expected back-to-school sales and potential help from moderating gas prices, Citigroup says. But clothing retailers such as ANF and ANN will be "have-nots," due to a "mediocre" back-to-school season and denim as a challenging category.