David Peltier is a research associate at TheStreet. In keeping with company editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Peltier appreciates your feedback; click here to send him an email.

If you liked this article you might like

Nordstrom Is Reportedly Going Private and Department Store Stocks Spiked

Nordstrom Is Reportedly Going Private and Department Store Stocks Spiked

Can Private Labels Revive Retail?

Can Private Labels Revive Retail?

Dow Jumps Over 300 Points, Posting Its Fifth Straight Day of Gains

Dow Jumps Over 300 Points, Posting Its Fifth Straight Day of Gains

Do Robust Earnings for Tapestry and Michael Kors Signal a Retail Turnaround?

Do Robust Earnings for Tapestry and Michael Kors Signal a Retail Turnaround?