Dana Telsey, CEO of Telsey Advisory Group, discusses Macy's and Wal-Mart ahead of earnings.
This is an important week for retailers as some of the nation's largest stores report their quarterly earnings. Macy's reports Wednesday while Kohl's, Nordstrom, and Wal-Mart report Thursday.
What can we expect from the retail space? Dana Telsey, CEO of Telsey Advisory Group, is one of the most respected retail analyst, gives insight to Talking Numbers on what to expect this week from two names, Macy's and the world's largest store chain, Wal-Mart.
"Macy's and Wal-Mart are different companies but in terms of what we're looking for, I think everyone's going to want to know about sales trends," says Telsey.
Telsey says the third quarter was volatile in part because of the government shutdown in early October. As well, comparisons with last year's third-quarter figures will likely be skewed because of Hurricane Sandy's affect in 2012
The two stores will have different results, says Telsey. SheRead More »from Here’s what you need to know about the big retailers right now: Analyst