July 30, 2010

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Don't Bet On A Retail Recovery

Thu Feb 25 15:09:00 -0500 2010

Forbes.com (New York)

- Though some numbers show that consumer spending has gone up recently, financial advisors do not anticipate a booming retail recovery. If you insist on playing the retail sector, however, you should look at value-oriented firms, rather than luxury brands.

Telsey Advisory Group CEO Dana Telsey also stresses value as the trend for this 2010. She adds that companies such as Urban Outfitters and Saks Fifth Avenue will prosper because they have room to open stores and offer unique products.

To view the full article, download the PDF here: Forbes, February 25, 2010