Comment on Why I Won't Go Near Brick-and-Mortar Apparel Stocks Right Now

Why I Won't Go Near Brick-and-Mortar Apparel Stocks Right Now

Last week, investors experienced a violent sell-off for many department-store apparel retailers after some companies posted earnings. Macy's (NYSE: M), Kohl's, Nordstrom (NYSE: JWN), J.C. Penney (NYSE: JCP), Sears, and Ascena Retail Group all took a beating, down between 10% and 30% in just one week.The catalysts were earnings reports from several names, although not every company mentioned reported.

 

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