SOURCE: Wall Street Equity Research

Wall Street Equity Research

December 22, 2010 08:26 ET

Professional Research on Kohl's Corp. and Saks Incorporated - Quick Overview in the Department Stores Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 22, 2010) - allows shareholders to gain full understanding of the economic and market forces influencing the department stores industry, and offers free research on industry players Kohl's Corp. (NYSE: KSS) and Saks Incorporated (NYSE: SKS). Register today at to receive free research reports on these companies.

Following positive Black Friday sales figure and a positive start to the holiday shopping season, the National Retail Association has raised its prediction for holiday sales to 3.3 percent. Department stores have been doing particularly well so far, jumping more than 2.8 percent in November. Saks Corp. for instance posted same-store sales increase of 5.3% even if it came in below Wall Street consensus. Shareholders and investors can sign up today at to download the full report on Saks Incorporated. is a specialized website where investors can have complete access to free reports on department stores industry; traders looking for analyst opinions on Kohl's Corp., Saks Incorporated and other players in the industry are welcomed to sign up for a free one year membership at

While unemployment remains worryingly high, consumer confidence appears to be on the rise as people are spending more on gifts and prices have been less volatile. Sales and deals have still played a big role in enticing shoppers but compared to last year's desperate price slashing, these special offers appear better planned and less dangerous to margins. Visit us at to understand the catalysts and forces driving or affecting department stores stocks.

With Christmas falling on a Saturday this year, stores are doing all they can to ensure consumers have enough time to spend. Some department stores are staying open 24 hours during the run up to Christmas, in an effort to grab an increased market share. Furthermore, many department stores such as Kohl's Corp. are increasing their stocks of electronics and gadgets. These have become increasingly popular gifts of late and department stores do not want to lose out. Jewelry, leather goods and clothing are also doing well, as people wrap up against the cold and splash out on treats following the extended period of frugality. Shareholders and investors can sign up today at to download the full report on Kohl's Corp.

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