U.S. Retail Healthy potentially undervalued

LKQ

Market Cap: US$6.8b

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.

Gap

Market Cap: US$8.5b

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

Build-A-Bear Workshop

Market Cap: US$458.9m

Operates as a mall-based, experiential specialty retailer for children in the United States, Canada, the United Kingdom, Ireland, North America, and Europe.

Genuine Parts

Market Cap: US$13.4b

Distributes automotive and industrial replacement parts.

Brilliant Earth Group

Market Cap: US$120.8m

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

Abercrombie & Fitch

Market Cap: US$3.4b

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

Urban Outfitters

Market Cap: US$6.3b

Offers lifestyle products and services in the United States and internationally.

Baozun

Market Cap: US$149.4m

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

J.Jill

Market Cap: US$182.9m

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

JD.com

Market Cap: US$42.5b

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

Vipshop Holdings

Market Cap: US$7.0b

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

Kohl's

Market Cap: US$1.4b

Operates as an omnichannel retailer in the United States.

GigaCloud Technology

Market Cap: US$1.4b

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

PDD Holdings

Market Cap: US$139.2b

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

Macy's

Market Cap: US$5.4b

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

Academy Sports and Outdoors

Market Cap: US$3.3b

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

Signet Jewelers

Market Cap: US$3.3b

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

Coupang

Market Cap: US$28.2b

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

Upbound Group

Market Cap: US$1.0b

A technology and data-driven company, provides financial solutions in the United States, Puerto Rico, and Mexico.

Best Buy

Market Cap: US$12.9b

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

Sally Beauty Holdings

Market Cap: US$1.2b

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

Pattern Group

Market Cap: US$3.1b

Operates as an e-commerce accelerator that combines proprietary technology and on-demand expertise to support consumer brands operating across e-commerce marketplaces in the United States and internationally.

American Eagle Outfitters

Market Cap: US$2.8b

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

Stitch Fix

Market Cap: US$457.4m

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

Arhaus

Market Cap: US$904.4m

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

MINISO Group Holding

Market Cap: US$4.2b

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.

Alibaba Group Holding

Market Cap: US$300.2b

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