Why I think JB Hi-Fi Limited is the best retail share to own in 2019
Sunday, 13 January 2019 Most retail stocks have taken a substantial hit so far in January, dragged down by a weak economic outlook and poor Christmas sales figures released by Kathmandu Holdings Limited (ASX:KMD). JB Hi-Fi Limited (ASX:JBH) might be the only retail company capable of bucking the trend.
The retail sector is getting slammed in the markets. Stephen 'Sarge' Guilfoyle, a contributor for Real Money and author of TheStreet's Market Recon newsletter wrote about the retail sector and the companies that, as he put it, are getting "clobbered." The companies include Bed Bath and Beyond ,...
Sears Holding Corp. may not liquidate just yet. Eddie Lampert, CEO of Sears and founder of the hedge fund ESL investments, sweetened his offer to buy Sears -- which is done through ESL -- to $5..