It doesn't really seem to matter what customer or socioeconomic group a
retailer targets, it's hard to bring customers in through the doors
(and/or get them to leave with full bags). Between weak teen retailers
like American Eagle (NYSE:AEO) and Abercrombie & Fitch (NYSE:ANF), stagnant-to-down discount retailers like Kohl's (NYSE:KSS) and Target (NYSE:TGT), and the flat results at upper-end retailer Nordstrom (NYSE:JWN), Chico's (NYSE:CHS) is in familiar company. While I do have my concerns about mall-based retailers in the face of competition from companies like H&M (OTC:HNNMY), I do believe the Street is underestimating the long-term value of the Chico's business.
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