This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Retailers Relying on Black Friday

NEW YORK ( TheStreet) -- Black Friday has historically been regarded as the day when retailers move from a loss (red) into profit (black) for the year. While the explanation no longer holds much relevance, this year the day after Thanksgiving could be critical for several major retailers.

Following several quarters, and in some instances, years of mishaps getting back on track during the holiday season is critical for those with fading brands, merchandise misses, internal blunders and large store fleets.

Specifically, in the apparel space, many will be working to reduce inventory levels, which have ballooned in recent months, said Dana Telsey of Telsey Advisory Group.

For a few retailers, the holiday season could be a true turning point. For others, it could solidify their position at the bottom of the barrel.

The November and December selling period account for a big chunk of sales for retailers, making up anywhere from 25% to 40% of total holiday sales, according to the National Retail Federation.

Here's a look at the retailers heading into the holiday season with challenges that are relying on Black Friday madness to revive their business.

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
BBY $35.64 0.00%
GPS $39.49 -1.40%
JCP $8.30 -0.78%
SHLD $41.26 -0.96%
WMT $78.22 -1.20%

Markets

DOW 17,973.23 -97.17 -0.54%
S&P 500 2,101.18 -13.31 -0.63%
NASDAQ 4,959.9580 -56.9710 -1.14%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs