U.S. Retail Healthy potentially undervalued

Abercrombie & Fitch

Market Cap: US$4.0b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Gap

Market Cap: US$9.2b

Operates as an apparel retail company in the United States, Canada, Japan, Taiwan, and internationally.

LKQ

Market Cap: US$7.3b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Urban Outfitters

Market Cap: US$5.5b

Offers lifestyle products and services.

Build-A-Bear Workshop

Market Cap: US$528.0m

Operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally.

PDD Holdings

Market Cap: US$136.6b

A multinational commerce group that owns and operates a portfolio of businesses.

Vipshop Holdings

Market Cap: US$7.5b

Operates online platforms in the People's Republic of China.

Arhaus

Market Cap: US$965.3m

Operates as a premium retailer in the home furnishings market in the United States.

MINISO Group Holding

Market Cap: US$5.0b

An investment holding company, engages in the retail and wholesale of design-led lifestyle and pop toy products in Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

Genuine Parts

Market Cap: US$14.1b

Distributes automotive and industrial replacement parts.

Best Buy

Market Cap: US$13.4b

Offers technology products and solutions in the United States, Canada, and internationally.

Brilliant Earth Group

Market Cap: US$131.6m

Designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally.

Sally Beauty Holdings

Market Cap: US$1.3b

Operates as a specialty retailer and distributor of professional beauty supplies.

J.Jill

Market Cap: US$227.9m

Operates as an omnichannel retailer for women’s apparel in the United States.

Baozun

Market Cap: US$124.9m

Through its subsidiaries, engages in the provision of end-to-end e-commerce solutions in the People's Republic of China.

Stitch Fix

Market Cap: US$453.3m

Engages in the provision of clothing and accessories in the United States.

JD.com

Market Cap: US$37.8b

Operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.

eBay

Market Cap: US$40.3b

Operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally.

Kohl's

Market Cap: US$1.5b

Operates as an omnichannel retailer in the United States.

Macy's

Market Cap: US$4.7b

An omni-channel retail organization, operates stores, websites, and mobile applications in the United States.

Academy Sports and Outdoors

Market Cap: US$3.4b

Through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States.

Coupang

Market Cap: US$35.3b

Owns and operates retail business through its mobile applications and internet websites in South Korea and internationally.

Signet Jewelers

Market Cap: US$3.6b

Operates as a diamond jewelry retailer in the United States, Canada, the United Kingdom, and Republic of Irland.

Alibaba Group Holding

Market Cap: US$281.8b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

American Eagle Outfitters

Market Cap: US$2.9b

Operates as a multi-brand specialty retailer in the United States and internationally.

Carvana

Market Cap: US$66.1b

Operates an e-commerce platform for buying and selling used cars.

Monro

Market Cap: US$456.9m

Engages in the operation of retail tire and automotive repair stores in the United States.

ATRenew

Market Cap: US$1.1b

Operates pre-owned consumer electronics transactions and services platform in the People’s Republic of China.

Sea

Market Cap: US$47.2b

Through its subsidiaries, operates as a consumer internet company in Southeast Asia, Latin America, the rest of Asia, and internationally.

CarMax

Market Cap: US$6.1b

Through its subsidiaries, operates as a retailer of used vehicles and related products in the United States.

GigaCloud Technology

Market Cap: US$1.6b

Provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally.

Amazon.com

Market Cap: US$2.3t

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Bed Bath & Beyond

Market Cap: US$332.8m

Operates as an e-commerce-focused retailer in the United States and Canada.

MercadoLibre

Market Cap: US$84.5b

Operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.

Pool

Market Cap: US$7.6b

Distributes swimming pool supplies, equipment, related leisure, irrigation, and landscape maintenance products in the United States and internationally.