Michael Cash

Editor's Choice

  • Healthy Wallets, Healthy Returns

    By Michael Cash - February 24, 2013 | Tickers: KSS, M, JWN | Editor's Choice

    U.S. retail same-store sales exceeded expectations in January, led by Macy’s (NYSE: M), Kohl’s (NYSE: KSS), and Nordstrom (NYSE: JWN).  We need more economic data to understand whether this was spurred by larger than anticipated promotions or if U.S. shoppers simply spent more money than analysts predicted.  But I think this could be a long-term trend driven by our recovering economy, and I'm inclined to more »