The following video is from Friday's Investor Beat, in which host Alison Southwick and analysts Charly Travers and Ron Gross dissect the hardest-hitting investing stories of the day.
Nordstrom (NYSE: JWN) disappointed analysts with their Q2 earnings report. Even though same-store sales rose 4.4 percent, the company lowered their outlook for the year. In our lead story on Investor Beat, Motley Fool analysts Charly Travers and Ron Gross examine why luxury is suffering alongside the likes of Wal-Mart (NYSE: WMT), and whether now is the time to pick up some great companies on sale.
The retail space is in the midst of the biggest paradigm shift since mail order took off at the turn of last century. Only those most forward-looking and capable companies will survive, and they'll handsomely reward those investors who understand the landscape. You can read about the 3 Companies Ready to Rule Retail in The Motley Fool's special report. Uncovering these top picks is free today; just click here to read more.