Retail sales may be rising faster than any time this year in government data, but don’t tell that to investors in chain-store stocks being eaten alive by Amazon.com Inc. The bad news won’t stop for brick-and-mortar store operators. Following a week of disappointing earnings from J.C. Penney Co. and Macy’s Inc., the drumbeat resumed Tuesday as results from Advance Auto Parts Inc., Coach Inc. and Dick’s Sporting Goods Inc. sent their shares down at least 14 percent.
from FA News http://www.fa-mag.com/news/chain-store-stocks-hammered-on-day-of-year-s-best-retail-sales-34169.html
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