Cash on retailers' balance sheets presents opportunities - The Deal Pipeline (SAMPLE CONTENT: NEED AN ID?)
Subscriber Content Preview | Request a free trialSearch  
  Go

Video

Share  |  Reprint

Cash on retailers' balance sheets presents opportunities

Published January 13, 2012 at 9:56 AM

"Near term, consumers are still very cautious in terms of where they're spending. Maybe there's still a hangover from Christmas," Linda Tsai, vice president and senior softline analyst at ITG Investment Research Inc., told The Deal's Richard Collings at the ICR XChange conference. "But as we look out at the second half, I think there's still some opportunity for retailers to be better again. The big headwind that was hurting them was basically higher product costs, and for the most part, product costs are going to be down year over year as we enter the second half of 2012." Tsai goes on to spell out the options for retailers such as Zumiez Inc., Pacific Sunwear of California Inc. and Abercrombie & Fitch Co., who all have cash on their balance sheets. - George White  
Share:

Meet the journalists



Movers & Shakers

Launch Movers and shakers slideshow

Barnes & Thornburg LLP said Rebekah Prince joined the firm's corporate department as a partner in Los Angeles. For other updates launch today's Movers & shakers slideshow.

Video

Serial acquirer Zayo goes public after rolling up fiber rivals

Dan Caruso, the networker's chairman and CEO, talks consolidation, overseas expansion and PE exits with The Deal′s Chris Nolter on the floor of the New York Stock Exchange. More video

Sectors