[video] Quick Take: Sycamore Shops for Aeropostale
She told Brittany Umar that Sycamore Fund's Hummingbird LLC took an 8% stake in Aeropostale
Last week, August retail sales came in worse than expected and it now seems that holiday sales will rise by less than they did last year, she said.
Kulikowski noted that many retailers were cutting guidance for the back half of 2013 and she suspects the promotional environment is here to stay, so long as sales continue to struggle.
But not all retailers have been struggling. She concluded that consumers haven't been spending on apparel, but holiday shopping should be strong in electronics, particularly for a company like Apple
-- Written by Bret Kenwell in Petoskey, Mich.