SOURCE: StockCall

StockCall

February 02, 2011 08:20 ET

Equity Research on The TJX Companies Inc. and Macy's Inc. -- Department Stores Aided by Higher Consumer Spending

JOHANNESBURG, SOUTH AFRICA--(Marketwire - February 2, 2011) - www.stockcall.com/ offers investors comprehensive research on the department stores industry and has completed analytical research on The TJX Companies Inc. (NYSE: TJX) and Macy's Inc. (NYSE: M). Register with us today at www.stockcall.com/ to have free access to these researches. 

Despite no significant change in unemployment data, consumer spending rose according to the U.S Commerce Department. Purchases increased a seasonally adjusted 0.7% in December providing a boost for department stores. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the department stores industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the department stores industry can have easy and free access to our analyst research and opinions on The TJX Companies Inc. and Macy's Inc.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

Discount retailers were among those that benefitted most. A consumer preference for discounted products continues to prevail. This is evident in the recent gains seen by retailers in the last month. Discount retailer TJX Companies Inc. saw shares jumped 8% in the last 30 days. Higher end retailers also saw gains but to a lesser degree. However, bucking the trend is Macy's which fell 9.6% over the same period of time. The TJX Companies Inc. and Macy's Inc. research reports are accessible for free by registering today at www.stockcall.com/TJX020211.pdf or www.stockcall.com/M020211.pdf

There are reasons to temper enthusiasm for the recent retail bounce-back though. Clothing comprises a significant portion of department store sales and profit margins may be narrowed by higher cotton price projected for 2011. Retailers like TJX which purchase excess inventory from other retailers may have an edge here since they are not buying from the actual producer. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future. 

Overall, discount retailers are seeing the biggest gains amongst department stores. Greater consumer spending bodes well for the industry as a whole but several obstacles still appear to be in the way of significant growth.

Both Macy's Inc. and The TJX Companies Inc. are set to deliver their earnings in the later part of this month, that is on the 22nd and 23rd of February respectively.

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