Thursday, November 11, 2010

Abercrombie & Fitch is expected to keep cutting prices through the fall

Two pence for a 40 - than bottle ketchup? Yawn. Four dollars buy a 12 - pack of coke? No sales.
Even in daily goods discount don't seem to be enough for wal-mart shoppers bite these days, and other links are worried about the American people do not have the mood to spend a few months ago, this is of vital importance of those firms.
On Tuesday, quarterly financial results from retailers including Home Depot and Abercrombie & Fitch showed that profits are rising because retailers are cutting costs and keeping their inventories lean.
But as the economy slows and consumer confidence fell again, they expect less from the rest of the year, they have will be harder to get consumers to buy.
Wal-mart expects basic item underwear, socks, will bring economic shoppers. This is small package pertains to many days stocking caused when customers receive their government subsidies checks, need to spread the last few dollars.
Teen clothes store Abercrombie & Fitch, which slashed prices on some of its jeans by 40 percent to get people to buy for the back-to-school season, is expected to keep cutting prices through the fall.

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