22.05.12

Last Friday was Insidious Friday but while big box and mass market retailers were busy cannibalizing sales for the residue of the holiday season, some of the more upscale retailers like Coach (NYSE: COH ) , True Religion Threads (NASDAQ: TRLG ) and Express (NYSE: EXPR ) were avoiding a character feeding frenzy on their earnings by not engaging in heavy discounting. After all, clumsy Black Friday discounts inevitably adds to the top line while eating into the bottom in control ready for. Moreover, heavy markdowns can also be a sign that a retailer has poorly managed their inventory levels and fully wants to dump as much of it out the door onto hungry consumers. Given that October was a yellow month for consumer spending, many retailers have plenty of inventory to unburden.

Source: SmallCap Network

by admin

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by Summer

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