Sector Report: The Retailing Industry

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

Nov. 7 (Bloomberg) -- Bloomberg Industries' Poonam Goyal reports on the retail sector. She speaks on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Out from jcp.

Does this suggest a turnaround strategy is bearing fruit dax -- fruit?

It actually does.

What is more important is that part of these numbers have been driven by home.

Home had been struggling for quite some time.

It lost 50% of its market share in 2007 and is up 12% now.

Recovery in home is definitely a good sign.

But the stock is still down about 60% since the start of the year.

Another top retailer in the market is walmart.

They were selling computers for $109? that is right, someone keyed in the price incorrectly.

We have seen technical glitches and the worst possible time they could come is in november and december.

Target had the same thing happened six years ago.

Could this affect walmart?

It absolutely effective november sales.

It's the same thing happens around the black friday season, it will hurt them.

It is not all just about black friday, the day after thanksgiving.

Now we should be thinking about black week?

Retailers are starting online on wednesday and opening their doors on thursday at 8:00 p.m., most of them at least.

When do you have thanks giving dinner?

4:00 him a three clock?

There's almost no thanks giving dinner.

And if you go on black friday, don't be surprised if there are not that many people there.

People in the last two years have gone to the stores at midnight and then went to bed at 6:00 a.m. and macy's even said they would open on thanks giving day.

That is incredible.

We will be back with more on the

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change