ITG Investment Research Launches New Coverage of Department Stores

      ITG Investment Research Launches New Coverage of Department Stores

Offers Monthly Insights Based on Proprietary Data Analysis

PR Newswire

NEW YORK, July 10, 2013

NEW YORK, July 10, 2013 /PRNewswire/ --ITG (NYSE: ITG), a leading execution
and research broker, today announced the launch of new coverage of the
department store sector.

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The new ITG Investment Research department store coverage offers proprietary
views on Kohl's (NYSE: KSS), J.C. Penney (NYSE: JCP), Macy's (NYSE: M) and
Nordstrom (NYSE: JWN) using a consumer transaction panel of more than 3
million individuals and 4 million accounts as well as insights from ITG
Investment Research's head retail analyst, John Tomlinson.

The new department store reports from ITG Investment Research provide
institutional investors with monthly metrics including revenue projections,
average ticket size, consumer spending patterns, shopping frequency and
estimated market share.

"Multi-line retailers such as department stores can be difficult to analyze
given the breadth of their operations and the fact that many firms no longer
report monthly comparable-store sales," said Jie Zhang, Managing Director and
Co-Head of Research at ITG Investment Research. "Our new department store
research, combining a large proprietary dataset with context and insights from
a veteran retail analyst, offers investors a real-time, powerful and
differentiated tool for investing in this important consumer sector."

ITG Investment Research provides coverage of over 300 companies in more than
20 sectors. ITG IR also provides macro energy and economic research and
bespoke research projects. For more information about ITG Investment
Research, please contact info@itg.comor call the New York sales desk at

About ITG

ITG is an independent execution and research broker that partners with global
portfolio managers and traders to provide unique data-driven insights
throughout the investment process. From investment decision through
settlement, ITG helps clients understand market trends, improve performance,
mitigate risk and navigate increasingly complex markets. ITG is headquartered
in New York with offices in North America, Europe, and Asia Pacific. For more
information, please visit

Media/Investor Contact:
J.T. Farley
(212) 444-6259


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