BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Retail winners? Look to discounters]]>http://www.bloggingstocks.com/2009/02/04/retail-winners-look-to-discounters/http://www.bloggingstocks.com/2009/02/04/retail-winners-look-to-discounters/http://www.bloggingstocks.com/2009/02/04/retail-winners-look-to-discounters/#commentsFiled under: , , ,

In early 2008, Toby Smith forecast a shift among consumers towards discount retailers; in ChangeWave Investing, he still looks to Wal-Mart (NYSE: WMT) and Fred's (NASDAQ: FRED) as the best way to participate in this ongoing trend.

"Consumers are worried about their jobs and about trying to build savings, so the last thing they are apt to do is spend frivolously.

"Early in 2008, our ChangeWave Alliance accurately picked up a major transformational shift in retailing as consumers began to increase spending at discounters. That shift became even more dramatic, as the economic downturn worsened in Q4 2008.

Continue reading Retail winners? Look to discounters

Retail winners? Look to discounters originally appeared on BloggingStocks on Wed, 04 Feb 2009 10:25:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>changewave investingdisccount retail stocksDisccountRetailStocksdiscount retailersDiscountRetailersfredfredsretailersthestockadvisors.comtoby smithTobySmithwal martwmtWed, 04 Feb 2009 10:25:00 EST