November Good Month for Specialty Retailers

It seems that Wal-Mart's pain might be American Eagle/Limited Brands/Coach's gains.

UBS Investment Research also forecast strong sales from American Eagle
and Limited Brands.

"We are expecting robust (same-store sales) from American
Eagle due to trend-right merchandise, lifestyle branding, new holiday floor set,
and Black Friday offers on fleece and dorm wear," UBS analyst Meredith Love Kent wrote in a client note.

"Also possible upside from Limited, as there were compelling gifts
with purchases at Victoria's Secret, and Bath & Body Works offered a variety
of Black Friday promotions" such as discounted gift items and hand soaps, Kent
wrote.