Analyst Opinion on Kohl's and J. C. Penney - Department Stores

Analyst Opinion on Kohl's and J. C. Penney - Department Stores
Hopeful for the Holidays 
LONDON -- (Marketwire) -- 11/07/12 --  In terms of retail sales, 2012
has been largely characterized by cautious optimism; an improvement
over last year but still lacking the gusto some hoped for. September
sales improved a solid 2.1 percent year-over-year, and total third
quarter retail sales are thought to have gained 4.8 percent compared
to a year ago.  
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The improvements seen in consumer spending could make for some
positive third quarter financial results from the Department Stores
industry, within which J.C. Penney and Kohl's operate, many of which
have yet to release their quarterly reports. Industry players are
also expected to benefit from a variety of cost containment and
efficiency boosting initiatives which they have been implementing.
Analyst opinion on Kohl's accessible for free at 
http://www.wallstreetactive.com/KSS07November12.pdf 
Looking forward, according to the National Retail Federation holiday
budgets this year will be a conservative $749.51, up slightly from
$740.57 last year. Nevertheless, concerns linger as to whether U.S.
spenders will be able to maintain their current pace of spending.
Although the economy has been adding some jobs for the past 25
months, wages have trailed inflation, rising only 1.6 percent in the
past year.  
Earnings Release Reminder - J. C. Penney will be announcing its third
quarter 2012 financials on Friday, November 9, prior to the market
open. See what our analysts have to say on J. C. Penney. Follow the
Link below
 http://www.wallstreetactive.com/JCP07November12.pdf 
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