In today's edition, analysts Austin Smith and Brendan Byrnes look at whether department stores are dead. There are some scary statistics out there about declining department-store sales, but many investors have been taking the figures out of context. While there is weakness, and some big heavies such as J.C. Penney and Sears Holdings look as if they need life support, there are some winners in this space, and investors should be careful and not turn weakness from some into expected weakness for all.
Macy's, for one, continues to perform well and trades for attractive multiples. The company has made strides with a comprehensive omnichannel strategy, where many competitors have been lacking. Smaller related stores such as TJX's TJ Maxx have also done a lot of things right.
The changing face of reatil has ruined many companies, but it has also helped others. While the landscape may seem scary right now, there are still incredible opportunities out there. To learn about two retailers with especially good prospects, we invite you to take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they’re planning to ride the waves of retail's changing tide. You can access it by clicking here.