Nomura: Retail Stock Analysts "Cautiously Optimistic" on Holiday Retail

RAPAPORT... Equities analysts at Nomura Securities are expecting a 2.5-3 percent comp holiday sales increase for North American specialty retailers that they track, according to a presentation to investors sent on October 20. "Heading into this holiday season, we are cautiously optimistic that retail sales will be healthy," the report said. "We are generally encouraged by recent macro trends" an...