From the Wires
Analyst Opinion on Abercrombie & Fitch Co. and Aeropostale Inc. - Positive Retail Figures Good for Apparel Stores but Sandy Could Dent Holiday Spending
By: Marketwired .
Nov. 9, 2012 08:17 AM
LONDON -- (Marketwire) -- 11/09/12 -- October is typically a slow month for retailers, including apparel stores such as Abercrombie & Fitch Co. and Aeropostale 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 Abercrombie & Fitch Co. accessible for free at
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 Aeropostale Inc. Follow the Link below
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