Tiffany & Co. Is A Specialty Store

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Recommended: Specialty retail industry overview

Tiffany & Co. is a specialty retail store that sells luxury merchandise. The company is a part of the consumer discretionary sector and belongs to the specialty store sub-industry. Various well known companies such as Bed Bath & Beyond, AutoZone and Staples belong to the specialty store sub-industry. Shopping malls are the primary location of the specialty retail stores. Although some stores are individually located in plazas, most specialty retailers choose malls in order to attract more potential customers and explore other benefits such as shared security and parking costs which can be essential to their overall.1
The consumer discretionary sector is expected to outperform the market in the near future. The S&P has rated the sector relatively high (3.5 star ranking). Only energy (3.6 stars) and healthcare (3.7 stars) sectors were rated higher than consumer discretionary sector. Their recommended weighing as of the end of March was “overweight.” The five largest sub-industries that can be distinguished based on 2012 operating revenues are home improvement retail, specialty stores...

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