Retail sales for November have been tallied and it’s not looking good. Twenty-three major retailers have seen declines from the same time last year.
Here are the highlights:
Those that should be happy:
2009 2008
Aeropostale -17.0% -28.0%
JC Penney -5.9% -11.9%
Macy’s -6.1% -13.3%
Neiman Marcus -5.5% -12.0%
Target -1.5% -10.4%
Those that wondering why everyone is complaining about sales:
2009 2008
Buckle +1.4% +14.5%
Kohl’s +3.3% -17.5%
Nordstorm +2.2% -15.7%
Ross +9.0% -2.0%
Those that need to break out a bottle of whiskey and rethink their 2010 strategy:
2009 2008
Children’s Place -13.0% -7.0%
Costco -5.0% +0.0%
Destination Maternity -11.6% +0.6%
Gap -4.0 -10.0%
Saks -26.2% -5.2%
Stage Stores -12.5% -4.8%