The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.

In today's edition, Austin talk about one of the rare retail stocks that's consistently outperforming the markets: Macy's. The iconic retailer has a great track record of responsible discounting, recently doubled its dividend, and carries many of the strongest brands out there, including Ralph Lauren. While the retail space can be dicey for investors, this is a great company that should outperform in the long run.