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.
beat expectations with a 4% rise in its same-store sales, while
disappointed with a 2% rise.
Driscoll added that
, 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
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.
Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.