SOURCE: Rothman Research

Rothman Research

August 24, 2010 09:04 ET

Shareholders Reports on Saks and Dillard's -- Department Stores Making a Comeback

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 24, 2010) -  www.RothmanResearch.com undertakes intensive analysis of the department stores industry and provides systematic research on Saks Incorporated (NYSE: SKS) and Dillard's Inc. (NYSE: DDS). Sign up today on www.rothmanresearch.com to get access to these free reports and more.

Department Stores suffered during the recession as buyers turned to their rival discount stores to find the bargains they needed. However, quarterly earnings reports released over the last few weeks have shown that some are starting to make a comeback. Saks Inc. saw its loss for this quarter cut down as its luxury products sales soared and the department stores sold less discounted products. Furthermore in the industry, Dillard's Inc. posted a profit of $6.8 million despite flat sales for the quarter. www.rothmanresearch.com provides technical analysis and free downloadable research reports on Saks Incorporated and Dillard's Inc. by signing up now at

http://www.rothmanresearch.com/article/sks/23889/Aug-24-2010.html or

http://www.rothmanresearch.com/article/dds/23890/Aug-24-2010.html

While some department stores are failing to find their footing in the new consumer market others are blossoming. Apparel makes up about 50% of sales in department stores thus is key to profits and cannot be left stagnant. Some stores are benefiting from acquiring new fashion forward lines. This coupled with quicker inventory rotations is proving successful in interesting younger buyers and expanding their customer base.

www.rothmanresearch.com is a source for investors seeking free information on the department stores industry; investors and shareholders of Saks Incorporated and Dillard's Inc. are encouraged to sign up for free at http://www.rothmanresearch.com/index.php?id=6&name=Register.

With the back to school season, the second largest buying period of the year, upon the sector it will be interesting to see if the success stories of the second quarter continue to do well and whether the laggards can pull themselves up. Advertising and efficient operating have been instrumental in increasing sales and reducing margins for the winners and will continue to be crucial as the retail industry remains fiercely competitive. The National Retail Federation estimates that $55.12 billion will be spent on school and college students in the US over the back to school period. Department stores will be hoping to take a large portion of the back to school spending.

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