Amidst the chaotic year-end holiday push, some retailers and retail stocks are emerging as winners. While all the initial preliminary macro data suggested Christmas sales would be sluggish, perhaps no more than 2% above 2012, more recent data from the National Retail Federation (NRF) puts growth at 3.9% in November and at the same pace through the rest of the shopping season.
It is an admittedly bifurcated marketplace – people with money are spending it, people struggling are spending less than last year. But the NRF data and ChangeWave (part of the 451 Group) surveys show shoppers are spending in key segments.
Here are five big winners among retailers and retail stocks to buy this season: