The downtrodden retail industry is on the move today. Thanks to good news from companies like Liz Claiborne (NYSE:LIZ) and Wet Seal (NASDAQ:WTSLA), investors are putting some profits in their shopping bags.
Prepare for the worst. Hope for the best. That’s the motto of the nation’s retail industry these days.
With consumers stitching their wallets shut and retailers slashing their margins in an attempt to attract the few Americans left that are willing to spend, expectations are not high for s....
Contrarian Profits
