Teen retailers did better than expected over holidays

Although several teen apparel retailers declared bankruptcy or shuttered stores since the holiday rush ended, such as Deb Shops, Body Central Corp. and Wet Seal, some actually did better than expected. American Eagle Outfitters and Aeropostale saw improved margins due to fewer discounts. To avoid mistakes made over the 2013 holiday season, the apparel retailers cut inventory heavily during the last few weeks of the season when promotions peaked. Story