US sales figures: black Friday : $9.1 billion -7%. thanksgiving holiday : $3.2 billion +24%.
With Christmas only a month away let's look at a few stocks possibly benefiting from all this retail activity investing
Companies Benefiting From The Holiday Season
Target Corporation (TGT) - Canadian retail sales growth is strong (online sales up 23% nationwide), and with key competitors Canadian Tire CTC.A and Sears SHLD offering little in the way of online competition, there's good reason to expect a surge in sales at Target Canada. Because Canada has one of the world's highest import fees, Target Canada is not exposed to as much online competition in the country as it is stateside. (Target competitors)
.. online sales matter : online retail sales up +22.6% in 2014.. 6.7% of all Canadian retail sales now occur online.
high traffic areas - with more money coming in from the real estate side of the business he will be able to do this without the burden of short term debt (healthy quick ratio = less risk).
seraphim's advice - Richard Baker knows the retail market for apparel and is a real estate genius. He's put the company in an enviable position - to grow throughout North America. Saks, Hudson's Bay, Lord & Taylor are established brands with a long history - the fact that they have continued to do well when others like Sears are on life support, is a testament to the brand strength. There's plenty of shareholder value to go around.
if you're looking for a company that maximizes shareholder value Hudson's Bay is the way to go - it took just a few years for privately held NRDC Equity Partners to turn a bankrupt chain of Canadian department stores into a money making asset. The Zellers real estate assets that were sold for $2 billion two years ago didn't even touch the company's premier properties in Calgary, Montreal, and Vancouver.