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Industry Focus

CG: Department Stores Rising From the Ashes?

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 12 June 2018

⏱️ 38 minutes

🧾️ Download transcript

Summary

As the “retail apocalypse” bears down on brick-and-mortar chains across the country, some department stores are showing signs of strength. Shareholders are cheering the impressive year-to-date rallies, but will the party last? Stocks: M, KSS, DDS, SHLD

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Transcript

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0:00.0

This episode of Industry Focus is brought to you by Casper, a sleep brand that continues to revolutionize its line of products to create an exceptionally comfortable sleep experience.

0:08.0

One night at a time. Get $50 off select mattresses by visiting Casper.com and using promo code fool at

0:14.9

check out.

0:15.9

Welcome to Industry Focus, the podcast it dives into a different sector of the stock

0:20.7

market every day. It's Tuesday, June 12th and I'm your host Fitz and Shen.

0:24.8

Fools, I'm going to start this show with a question. How many times have you heard about the

0:29.0

retail apocalypse in recent years, including some of the more dire predictions for even the largest

0:33.8

and brick and mortar chains out there. I know we've talked about this on the show before, but today

0:38.0

we're going to check in on department stores because that part of retail comes to mind for a lot of people as kind of the

0:46.5

picture perfect example of a business model that has fallen prey to this retail

0:50.6

apocalypse but some department stores are defying the naysayers with

0:54.4

incredible share price gains recently so I'm listening the I'm enlisting the

0:59.4

help of senior monthly full contributor Adam Levine Weburg to cover the latest developments in this space.

1:04.4

And he joins us via Skype from Sacramento, California.

1:07.0

Hey Adam, great to have you back on the show.

1:09.3

Thanks for having me.

1:10.7

So really glad that you could hop on today with us and basically put into perspective

1:17.1

what the management teams at these companies are doing to turn around their

1:21.0

businesses and win over investors to the point that their stocks

1:24.3

are pretty much trancing the S&P 500 so far in 2018.

1:28.7

It's really not even close.

1:29.6

The broad market is up about 3.4% year-to-date.

...

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