Equity Research on Saks Incorporated and J. C. Penney Company Inc. - Department Stores Sector Could Struggle if Consumers Lose Faith
(firmenpresse) - JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 08/01/11 -- offers investors comprehensive research on the Department Stores industry and has completed analytical research on (NYSE: SKS) and (NYSE: JCP). Register with us today at to have free access to these researches.
The Department Stores sector's health is tied directly to the strength of its consumers. High fuel prices, food inflation, and lingering unemployment are all combining to undercut consumer confidence lately. If the U.S. government cannot get its fiscal house in order, the economy could be in for even more woe. Overall retail sales grew only 0.1% in June compared with closer to 1% gains earlier in the year, a sign that the economy could be in trouble. With the rising cost of raw materials constraining margins and necessitating price increases, sales volumes could be pressured moving forward through 2011. Register now at to have free access to our reports on the Department Stores industry.
is an online platform where investors doing their due-diligence on the Department Stores industry can have easy and free access to our analyst research and opinions on Saks Incorporated and J. C. Penney Company Inc.; investors and shareholders of these companies can simply register for a complimentary membership at .
One emerging trend appears to be that the consumer weakness is somewhat polar with lower income demographics being weaker than the more affluent shoppers. Luxury department store Saks Incorporated, for example, saw its same-store sales grow 12% in June. Many companies used sales and promotions to lure shoppers. research report is accessible for free by registering today at .
Another trend is the erosion of brick and mortar sales thanks to online shopping. Companies like J.C. Penney have acknowledged the need to evolve their strategies to more readily incorporate technology and online shopping into their operations. The company is also thinking about ways it can update the somewhat antiquated department store platform to appeal more readily to consumers. research report is available for free by signing up now at .
Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
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Datum: 01.08.2011 - 13:09 Uhr
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