Top of the Morning: 'Update on the Retailers: Industry trends, earnings performance, opportunities & more'

Summary: Today we turn our focus to the retailers as we will examine industry trends, recent earnings performance and where opportunities exist within the space. We will also cover the back-to-school shopping season … and yes, preview what the holidays may have in store for the retailers. Featured is Consumer Discretionary Sector Strategist Americas for the UBS Chief Investment Office, Rob Samuels. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers both investment advisory services and brokerage services. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information visit our website at ubs.com/workingwithus. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC.