One Kind Of Store Is Beating The Retail Apocalypse

It’s the age-old story of the retail business: When one door closes, another opens. For years, experts have predicted a so-called retail apocalypse as well known chains like Sports Authority Inc. and Payless Shoesource Inc. went bankrupt. The most recent high-profile victim was Toys “R” Us Inc., which liquidated in the middle of March after a failed rescue attempt. But a funny thing happened on the way to Armageddon. In the wake of the toy giant’s collapse, a corner of the industry known as specialty retailing, where stores focus on smaller, niche categories, has been on a roll. And for investors looking to capitalize, that’s meant a shift from large capitalization stocks to mid caps, where many specialty retailers reside. Read more at Bloomberg.