Sales Are Down At AE. How Are You Using Your Spending Money?
October wasn't a great month for stores like Abercrombie & Fitch and American Eagle Outfitters. Although Abercrombie did have an increase in sales, it fell far below expectations. On the other hand, American Eagle Outfitters was completely in the red. This may translate into awesome holiday deals for you, but we're curious, how often do you hit the mall? Do you buy something every time you go?
A lot of high school students are having a tough time finding an after school job, so that could factor into why sales are down. Or the recent problems with the economy may have left an impression about how important it is for you to save more than you splurge.
JSYK reader Christina says, "I split up [my spending money]. I give some to the charity 'To Write Love On Her Arms' and put some in the bank..then keep part of it for me." Smart and generous!
Good news for Limited, Victoria's Secret, and Bath and Body Works -- they completely exceeded their expected sales last month. But where do you fit into the downward sales trend at teen fave stores, like Abercrombie?
Claire recently told us, "Trust me the stuff they sell is not, usually, worth the price." Do you agree? Tell us your fave and least fave places to shop in the comments section.