Charlotte Russe Holding Inc.  (CHIC)     Rate CHIC  -  Discuss CHIC  -  Add to Watch List        

Here are two cheap retailers that fill three requirements, they have a large amount of cash, little or no debt and have sold off significantly the last year.<!----> Can they get cheaper? Sure, but as a former co worker of mine used to say, "you got to own something."

The first up is Charlotte RusseHolding, Inc. (CHIC) - it has $125 million in cash, or about $5.00 pershare, as of 3/29/08. After the quarter ended, CHIC bought back 16% ofits shares for $73.4 million. This reduced its cash balance to $52million, still a nice nest egg, and no debt. The stock has lost about half its value over th

American Eagle Outfitters (AEO) is a staple clothing retailer in most US and Canadian malls that caters to the 15 to 25 year old demographic.<!--more--> It is in the process of expanding its concept store Martin + OSA to focus on the under served 25 to 40 year old market, as well as other new concepts that should be strong growth drivers in the future. AEO has very strong brand recognition with 12 to 19 year olds and is ranked 2^nd only behind Nike in a spring 2007 survey by Teen Research Unlimited.

AEO opened it’s first store in 1977 and has aloyal customer base that has grown up alongside