| Author | Message | ||
     Lolakulu Kurra Bewarse Username: Lolakulu Post Number: 1082 Registered: 05-2017 Posted From: 117.199.240.52 Rating: N/A |
Retail stocks did't had good run in last 3 years. very very nominal run. the reason was rumours in the market that amazon is crushing them and soon they will close shops. but only this year everyone came to reality that amazon can't crush them once they started price match and free shipping. on top of it since june, amazon has to pay sales tax on most states. no free run for amazon anymore. even from fundamentals view, amazon had very razor thin margins on groceries or retail sector. people slowly realizing it. takes some time. bestbuy, walmart, costco, target, kroger everyone is doing very well. i don't know about clothing retail but hope that jcp, macys, kohls are also doing fine. |