Stacey Widlitz is the president of SW Retail Advisors, a consulting firm with offices in London and New York. She advises institutional investors as well as retailers with a need for International expertise in the consumer sector. Stacey is also a CNBC Contributor.
After receiving an MBA from NYU, Widlitz started her career covering retail equities at PaineWebber (now UBS). She held senior analyst positions at UBS, SG Cowen, Fulcrum Partners and Pali Capital, where she covered an eclectic group from discounters to luxury. After 12 years of covering retail equities, she launched SW Retail Advisors in 2011. She publishes a monthly newsletter "What You Need to Know Across the Retail Pond."
Discrete luxury, if anything, is gaining steam.
The retailer's explanation for ugly comps have me confused.
This stock is up 25%, but still a good investment.
Wal-Mart pins its awful comps on the weather, the payroll tax and inflation.
Sales numbers have withstood the tax hike, expectations are low and second-quarter comparisons will be easy.
Best Buy has sold its European joint-venture stake and can now focus on sustainable comparisons and margin stabilization.
Investors will need to determine when to stop giving free passes.