Retailers are overhauling their operations as technology redefines the shopping experience. But many seem to be moving too slowly as their demand is lagging, causing the industry to underperform the market - over the past six months, retail stocks have shed 3.4%. This drawdown was disheartening since the S&P 500 gained 3.4%.
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Investing.com -- A shifting marketing landscape is forcing global retail brands and apparel companies to rethink their growth strategies.
Ross Stores is poised to report its first-quarter results shortly, with analysts forecasting a low-double-digit year-over-year increase in earnings, reflecting steady momentum in profitability.
Investing.com -- An oil price shock stemming from the Middle East conflict could reshape the U.S. discretionary retail landscape, but Barclays says off-price retailers are best positioned to weather the storm while traditional apparel names face the greatest pressure.