Meanwhile, Citigroup analyst Kimberly Greenberger expects specialty retailers such as Ann Taylor,Children’s Place, J. Crew andUrban Outfittersto benefit from pent-up demand for apparel created by weak sales in September and October.
This is despite Greenberger’s expectation that traffic at the mall is down about 2% from last November. Still, this is an improvement over November, when traffic fell 5%.
As for the holiday, Greenberger expects a "solid" season.
"We believe consumers remain resilient when there is a purpose at hand (as shown by strong sales during the Easter and Back-to-School periods), likely benefiting traffic and sales in December," she said.
Another factor that could help November sales, although on a more limited basis, is the timing of Hanukkah, which comes 11 days earlier than last year.
According to Thomson Financial, Saks, Target,Bon-Ton, Zumiez, and Macy’sare expected to post the largest percentage gains in their November sales. Meanwhile, Sharper Image, Chico’s FAS, Hot Topic,Wet Sealand SteinMart, will see the steepest declines in their results.
But with all eyes on the holiday, retailer’s comments on how December sales are shaping up may be more important than the actual same-store sales reports for November, according to Niemira.
"That part of the equation is probably far more important," he said.
Christina Cheddar Berk is a News Editor at CNBC.com. She can be reached at firstname.lastname@example.org.