Wall Street hates a lot of big retail stocks

Is “hate” a technical term?

Brick & Mortar retailers are slow to adjust to changing market conditions and consumer tastes. Whether it is Christmas or President’s Day Sales, the marketing, pricing and products are unchanged and boring. Yet consumers to be fair need to have choice.

Because people's first instinct these days is to go find a brick and mortar store instead of looking up Amazon or Walmart to have it delivered. Most people wouldn't immediately search out Macy's or even a Macy'Just not a model for making lots of money.

Can't blame 'em. Ever stepped inside a Sears recently? It's a wreck.

And ?

I know God forbid you make money anymore.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'The crypto-GPU hangover continued': Here's what Wall Street is saying about AMD earningsAMD on Tuesday announced mixed fourth-quarter results and guided for a weaker first quarter. Here's what Wall Street is saying about the results.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street defends buybacks from Sanders, Schumer attack: 'Good companies buy back their shares'Wall Street is countering Senate liberals Schumer and Sanders after they said they'll seek legislation limiting buybacks. No, they manipulate the market Maybe someone should ask these companies why they don't buyback their shares when they are low such as in 2009! buyback $spy Or invest capital in resources for expansion. It just depends on the executive managements goals
Source: CNBC - 🏆 12. / 72 Read more »