Everybody is waiting to see whether they can carry the momentum they've built this year into next year despite the tough holiday period.
Sales of men's apparel has been lagging for some time. Men usually don't shop as frequently as women. When they do, there's only so much of casual clothes men really need.
We haven't seen this kind of positive sales performance since we began tracking the group in November 2000. Fourth-quarter profits for department stores rose 5 percent compared to a 1 percent rise a year ago. We've now has a couple of quarters of improving trends.
It's not the greatest macro environment to be going into. The psyche of the consumer has taken a beating the last couple of months,