RandomGuy
03-27-2017, 02:03 PM
America has way too many stores -- at a time when consumers are increasingly shopping online instead of at the mall. One retail CEO even compared the state of retail today to the housing bubble back in the mid-2000s.
Urban Outfitters, Staples, Dick's (DKS) and Men's Wearhouse/Jos. A Bank owner Tailored Brands (TLRD) all reported disappointing quarterly results this week.
Women's apparel retailer J. Jill (JILL) went public on Thursday and found few interested shoppers. The stock fell -- after pricing its offering below its expected range. Handbag retailer Vera Bradley (VRA) underwhelmed Wall Street too.
More here:
http://money.cnn.com/2017/03/09/investing/retail-bubble-amazon-urban-outfitters-ceo/
Probably time to think about how to cash in. Commercial retail real estate is about to get cheap.
Urban Outfitters, Staples, Dick's (DKS) and Men's Wearhouse/Jos. A Bank owner Tailored Brands (TLRD) all reported disappointing quarterly results this week.
Women's apparel retailer J. Jill (JILL) went public on Thursday and found few interested shoppers. The stock fell -- after pricing its offering below its expected range. Handbag retailer Vera Bradley (VRA) underwhelmed Wall Street too.
More here:
http://money.cnn.com/2017/03/09/investing/retail-bubble-amazon-urban-outfitters-ceo/
Probably time to think about how to cash in. Commercial retail real estate is about to get cheap.