NEW YORK (TheStreet) -- While retail has been an ugly sector to invest in as of late, Marie Driscoll, retail analyst at Driscoll Advisors, tells TheStreet's Laurie Kulikowski where some bright spots might be found.
Same-store sales for August came in at 3.5%, better than what most analysts had expected following a dismal earnings season for retailers.
Driscoll added that The Gap (GPS), which has yet to report, would be very interesting, since it will be able to shed some light on how the back-to-school season is going.However, she said that the second half of the year will not likely be a boon for all of retail, saying consumers are cautious and value-conscious. Instead, look for individual brand performance, especially from companies such as Under Armour (UA) and VF Corp. (VFC). She expects VF Corp. to do the best, with brands like The North Face and Vans. Driscoll concluded that handbags, footwear and accessories should also do well. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV