Misplaced Optimism in Retail

L. Brands - What the Holy F*#*?

Read this fascinating Wall Street Journal piece about L. Brands Inc. ($LB) CEO Leslie Wexner and tell us that you don't want to short the sh*t out of the stock. 

The gems within are plentiful:

"The internet won't kill stores."

Tell that to the employees of 50 '17 bankrupt retailers and 7000 closed stores.

"The fascination with smartphones will fade."

Right, …