Retail has been going through a major transformation, as online retail grows in size and reshapes the overall retail landscape. Older retailers that thrived for decades on foot traffic, who have not managed to adapt to the changing market, have floundered, while those that have embraced and improved their online businesses have thrived.
Amazon continues to dominate e-commerce, but there have been plenty of traditional brick-and-mortar chains that have improved their e-commerce business, and have proven that it is possible to compete against the online giant.
Improves in the overall economy, in particular the jobs market, supports the retail sector, and those companies that have been enjoying success in recent years are likely to continue their success as long as the overall economy remains upbeat.
Let’s take a look at five retail stocks that have been killing it lately, and are likely to continue doing so moving forward.