Today, analysts Andrew Tonner and Austin Smith discuss some companies that can continue to thrive despite soft retail numbers. Wal-Mart and its competitors offer staple goods at competitive prices, meaning that consumers will still shop there even when scaling back on luxury goods. Dollar General and thrift stores can also see high demand, while higher-end stores like Tiffany will suffer.
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Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Tiffany & Co. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.