Analyst Opinion on Chico's FAS Inc. and Limited Brands Inc. - Positive Retail Figures Good for Apparel Stores but Sandy Could...
November 09 2012 - 7:19AM
Marketwired
October is typically a slow month for retailers, including apparel
stores such as Chico's FAS Inc. and Limited Brands Inc., as the
back-to-school season is long gone and the holiday frenzy has yet
to take hold. The presidential election could have constituted a
major distraction this year, but major chains recently posted a
solid 2.7 percent year-over-year improvement in retail sales in
October.
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Looking forward to the holiday season, the National Retail
Federation is predestining cautious optimism, as economic
improvements in the U.S. have gone someway to boosting consumer
confidence. However, spenders remain aware of potential turmoil
ahead. Holiday sales are expected to increase by 4.1 percent year
over year, with average budgets increasing to $749.51. Analyst
opinion on Chico's FAS Inc. accessible for free at
http://www.wallstreetactive.com/CHS09November12.pdf
Hurricane Sandy's devastation is a concern to the industry's
November and possibly holiday spending. The full extent of the
tragic super-storm's impact cannot yet be established but many are
already questioning how much of families' discretionary income will
be channeled away from holiday spending towards rebuilding and
replacing. See what our analysts have to say on Limited Brands Inc.
Follow the Link below
http://www.wallstreetactive.com/LTD09November12.pdf
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