The analysts are starting to comment en masse about how retailers have faired.
BMUR has cut Aeropostale (ARO) to a SELL noting that the retailer has already resorted to 50% off sales to boost traffic.
Over at Wachovia, sales are exected to be above plan at AEOS and TJX. GPS and ANF appearing to have come up short.
One thing is certain, retailers as a group look droopy today and we'd be inclined to stay away both from long or short bets at this point.