The retail industry is undergoing another major shift -- to e-commerce. Photo: Associated PressRetail stocks are riding a wave of unexpected optimism after a strong holiday season. For many, there will be a windfall from the tax cut as well. How they plan to use that extra cash will become clearer this week, when many will report fourth-quarter earnings and give guidance for the coming year. The better environment is unlikely to be a game changer for businesses that are badly suffering, but those that have been smart about navigating the industry’s challenges will get a meaningful boost.

Source: Wall Street Journal February 26, 2018 16:13 UTC