Outlet stores

Sears Holdings bankruptcy could drag Sears hometown and outlet stores down

Six years ago, Sears Fund (NASDAQ: SHLDQ) separated from its mostly franchised small town stores and outlet stores into a separate publicly traded company: Sears Hometown and Outlet Stores (NASDAQ: SHOS). The spin-off’s shares debuted at around $ 30 and prospered briefly, but almost all of them have been down in the past five years. […]

Discount stores

Esplanade bullish Kravetz on casinos, Apple; sees turmoil for discount stores

NEW YORK (Reuters) – Heavy holiday spending by U.S. consumers will not boost retailers across the board, but rather benefit winners like Apple Inc AAPL.O who have signature products, Esplanade Capital’s Shawn Kravetz said at the Reuters Global Investment 2019 Outlook summit in New York on Wednesday. Shares of the iPhone maker slipped 3% at […]

Discount stores

Discount stores stand out as the road gets tougher for retail

A TJ Maxx store in Florida last year. TJX, owner of the channel, is due to release its results on November 20. Photograph by Joe Raedle / Getty Images Text size Although retail has performed well this year, the outlook is getting more complicated, but discounters can still see gains, according to Wells fargo. Where […]