February Another Tough Sales Month

Analysts are predicting that most retailers had another tough sales month in February.Department stores and apparel chains are seen getting hit the hardest, with same-store sales drops forecast at 10.1% and 8.6% respectively, according to one article.Of course, the bright spot again will be discounters like Wal-Mart and a few teen retailers like Aeropostale and Hot Topic. This story says that Talbots and J. Crew had an especially tough month.One thing these articles pointed out to us is just how poorly retail stocks are performing of late. We know, huge surprise. But take a look at this chart. Gap, Macy's, Saks, Limited, Ann Taylor and Talbots are all trading for under $10, and that's just a random sampling we typed in.