Luxury Chains, Discounters Seen Leading Q1 Profits
The bets are in that luxury retailers and discounters are likely to be the big winners when most chains report first quarter results in mid-May. If Wall Street analysts are on the money, high-end retailers like Michael Kors (KORS), Coach (COH) and Tiffany (TIF), discounters and off-price retailers should be among the top performers, says Ken Perkins, president of Retail Metrics. But analysts see the midtier department stores such as Kohl's (KSS),
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