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3 Top Retail Stocks to Buy in April | The Motley Fool


Many retail stocks have rallied over the past few months as investors rotated from pandemic-oriented stocks toward reopening ones. But the retail sector is still littered with landmines: Companies that struggled prior to the pandemic could fare even worse after it ends, and the secular declines of malls and brick-and-mortar stores are far from over.
Today, I ll highlight three retailers that should avoid those traps:
Pan Pacific International (OTC:DQJCY),
Target (NYSE:TGT). The first two stocks represent great ways to diversify your portfolio overseas, while the last one remains a top play in the domestic market.
1. Pan Pacific International ....

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Gelson's Markets to be sold to Japanese retailer PPIH


Owner TPG Capital slated to close transaction in second quarter
Southern California grocer Gelson’s Markets is being acquired from owner TPG Capital by Tokyo-based Pan Pacific International Holdings (PPIH), the parent company of Japanese retailers Don Quijote Co. Ltd. and Marukai Corp.
Financial terms of the agreement, announced late Tuesday, weren’t disclosed. Encino, Calif.-based Gelson’s operates 27 upscale supermarkets from Santa Barbara to San Diego, mostly along the Southern California coast and in the Los Angeles area but also with one location in Rancho Mirage, near Palm Springs. The chain is slated to mark its 70th anniversary in July. ....

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