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Laura Champine, senior retail analyst for Cowen & Co., has been at the mall, shopping for good retailers, and she's got some very definite ideas about the few positive trends out there.
"Spending on 'grown-people' clothes, suiting and such, will be under pressure," she said. "You really want low tickets, and you want product that appeals to people's kids."
Recommendations:
"I really like Aeropostale [ARO
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]," she said. "It's a teen retailer, and it's the most promotional retailer in the mall. I think that's where we need to pay attention."
She sees teen retailer American Eagle Outfitters [AEO
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] as "a cheap stock right now." And there are more.
"Urban Outfitters [URBN
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] is out with quarterly sales today," she said. "They comped down only 1 percent on top of up 11; that's a phenomenal result."
On a broader scale, she also likes Walmart [WMT
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].
"I think it makes sense for Walmart to keep gaining share," she said. "It's the perfect concept for this environment, always the lowest prices, all the time."
Disclosures:
Neither Champine, her family, nor her firm owns shares or has any business relationship with Aeropostale, American Eagle Outfitters or Urban Outfitters.








