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Earnings to Watch This Week [View article]
Abercrombie & Fitch: A Must Have Stock - Barron's [View article]
It is a lot harder to tell a teen to cut back when he/she has to look hip due to peer pressure, than the moms. Moms were once teens as well!
Yes, moms will shop at COST and WMT before telling their teens they can't shop at ANF. This may not be true for all, yet there are enough to sustain ANF through the retail downturn.
As an aside, retail has a tendency to bounce back as there is an inherent need to shop in American society. Americans will cut back to a limit before getting a second job. We haven't reached that point (yet?).
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