JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 06/26/12 -- www.StockCall.com offers free research on Macy's Inc. (NYSE: M) and The TJX Companies Inc. (NYSE: TJX) from the Department Stores industry. Access these reports by clicking on the links below or by copy and pasting those to your address bar.
While the beginning of the year was relatively positive for retailers, April and May saw retail sales decline sequentially. According to the National Retail Federation, May experienced a 0.3 percent decrease from April and the month also saw poor jobs reports which could impact consumer confidence. Nevertheless, May figures remain higher than last year by 4.8 percent and many hopes that declining gasoline prices will spur spending as we draw nearer to the all important back to school season.
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 Macy's Inc. and The TJX Companies Inc. To see how companies in this industry have grown over the past years and how they are expected to perform in the future, please visit the link below.
Despite the challenging environment, department stores including Macy's Inc. and TJX Companies Inc. appear to have put forth positive figures for May. TJX recently reported that sales for the four week period ending May 26th rose 10 percent over last year to $1.9 billion. Register now to have free access to our report on The TJX Companies Inc., and to do so please click the link below.
Meanwhile, Macy's reported that same-stores sales, including online sales, increased 4.2 percent for the four week period ending May 26; with total sales for the period up 4.1 percent and online sales up 42.3 percent. Investors and shareholders of Macy's Inc. can simply register for our complimentary reports by clicking on the link below.
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William T. Knight