The following video is from Friday's Investor Beat, in which host Chris Hill and analysts Ron Gross and Jason Moser dissect the hardest-hitting investing stories of the day.
Retail sales numbers for June are coming in and, for some companies, the results are looking good. Costco's (COST +2.51%) same-store sales were up 6%, slightly higher than expected. And Gap's (GPS 0.97%) same-store sales were up 7%, much higher than analysts were expecting. In our lead story on Investor Beat, Motley Fool analysts Jason Moser and Ron Gross examine the retail industry, consumer spending, the rise of e-commerce, and what it all means for investors.
