Investors are straining to see bright spots in retail stocks

June 23, 2017

As consumers continue their migration from brick and mortar to online stores, analysts are painting their outlook of retail stocks with a decidedly gloomy palette. Even Jim Lebenthal, partner at HPM partners, who is portrayed as being bullish on those retailers that target Millennials, points out the fickle nature of that nebulous group and the difficulties in pinning down a strategy that doesn’t lean heavily on greater online initiatives.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.