Retail winners today include Ascena Retail Group (ASNA) and American Apparel (APP), both up...

|About: Ascena Retail Group Inc (ASNA)|By:, SA News Editor

Retail winners today include Ascena Retail Group (ASNA) and American Apparel (APP), both up double-digits after reporting solid earnings. Both companies blasted past the estimates of analysts as sales were boosted by a strong online business. It continues a trend of smaller retail chains chipping away at department stores online, highlighted dramatically by J.C. Penney's (JCP) online meltdown (-34.4% Q4, -37% Q3) and to a much lesser extent by growth rates at Dillard's (DDS), Kohl's (KSS), Sears (SHLD), Saks (SKS), and Nordstrom (JWN).