A rise in new car sales will likely slow demand for replacement parts in 2011.
Morningstar's take on trends that will impact specialty retailers in 2011.
Despite near-term headwinds, we think Carter's long-term prospects are bright.
Strong demand for auto parts should continue through 2010.
Competition in specialty apparel has reduced Gap's ability to generate superior returns.
Specialty apparel retailers' more prudent use of cash should boost returns.
We expect demand for aftermarket parts to remain stable over the long haul.
Apparel makers will have to fight hard to keep their brands relevant to consumers.
While inexpensive dollar store items have resonated well with cost-conscious consumers, we don't think dollar store stocks are cheap.
The aftermarket parts industry thrives as automakers struggle.