Shares of Macy's, Nordstrom and Kohl's all closed higher. Overall, traditional retail stocks have taken a hit this year as more people shift to online shopping outlets, helping Amazon increase its market share.
The SPDR S&P Retail exchange-traded fund (XRT) is down 5.8 percent for 2017.
U.S. markets were closed on Thursday due to the Thanksgiving holiday, but equities finished the shortened trading week with strong gains. The S&P 500 and Dow rose 0.9 percent, while the Nasdaq posted a 1.6 percent weekly gain.
Stocks got a boost from rising tech stocks this week, as the sector advanced 1.8 percent. Some investors also placed bets that corporate tax cuts would keep the current economic expansion going, but skepticism remains as to whether the GOP-led Congress will be able to pass a bill before year-end.
"The proposed fiscal stimulus faces another hurdle next week when the Senate takes up its own version of the legislation," said Jeremy Klein, chief market strategist at FBN Securities.
"I maintain that the implementation of something meaningful is an intractable problem given the concerns surrounding the Federal deficit, the [state and local tax] deduction, and the Affordable Care Act," Klein said.
—CNBC's Lauren Thomas contributed to this report.