Retail's having its worst month in nearly 5 years, but there are opportunities in the group

The group is down nearly 9 percent since the start of October, on track for its worst monthly performance since January 2014. Among the names hardest hit within the XRT this month included Stitch Fix, Wayfair, DSW and Tiffany. But some say the future of retail stocks, at least in the near term, looks promising.