Analysts Highlight Survivors Of The Retail Slowdown: Amazon, Target And Wal-Mart Stores
May 22, 2016 at 19:04 PM EDT
The significant decline of retail stocks has impacted many retailers including J.C. Penney, GAP, Nordstrom, and Macy’s, which reported a 40% loss of net income in the last quarter and a 7.4% decline in revenue but discount retailers remain buoyant.