Market Overview

CNBC's Survey On Retail Survivors In 25 Years

Related HD
Market Closes Flat As Alibaba Group Holding Ltd Begins Life As A Publicly Traded Company
#PreMarket Primer: Friday, September 19: Scottish Independence Supporters Narrowly Defeated
Claman on Call: Alibaba Sets Its IPO Price; CEOs Step Down (Fox Business)
Related LOW
Oppenheimer: Prospects Still Bright For The Home Depot, Inc. And Lowe's Companies, Inc.
Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Jackson Hole, Data Deluge on Tap Next Week (Fox Business)

CNBC's Courtney Reagan presented results on Thursday of the survey conducted by the network on retail investors that are capable to survive in the long run.

She explained that Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) will be around in 25 years, because we are still going to live in houses and condos, but the merchandise is going to shift to connected home type devices.

Amazon.com (NASDAQ: AMZN) has also found a place among the survivors in this survey. The stock has been struggling recently, but the level of investment and innovations could be the reasons for this company to stick around.

Fashion players like ZARA, Topshop and H&M are going to grow at the expense of specialty players, including Ann Taylor, American Eagle Outfitters (NYSE: AEO), Aeropostale (NYSE: ARO) and Abercrombie & Fitch (NYSE: ANF).

Digital downloads will, according to survey, make it difficult for Barnes & Noble (NYSE: BKS) to be around in 25 years and GameStop (NYSE: GME) will struggle as customers are seeking entertainment from home.

Office Depot (NYSE: ODP), RadioShack (NYSE: RSH) and Staples (NASDAQ: SPLS) were also named among the companies that won't make it. Staples' co-founder Thomas Stemberg does not agree on the fate of Staples. He thinks that J.C. Penney (NYSE: JCP) and Sears will not be around in 10 or 15 years. They have a debt spiral that is not going to stop, he explained.

Posted-In: CNBC Courtney Reagan Thomas StembergCNBC Media Trading Ideas

 

Related Articles (AMZN + AEO)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters