Retail earnings season is upon us, in case you haven't already noticed.
And although multiple department store chains saw their stocks craterlast week on second-quarter results, analysts are saying the environment really isn't as bad as it seems.
In fact, department stores, for the most part, posted better-than-expected results. There has been a "severe overreaction" on the Street, Rick Helfenbein, CEO of the American Apparel and Footwear Association, said.. . . more