Retailers are reporting numbers that are "less bad" than analysts expected... and analysts had extremely low expectations.  However, this is somewhat of a good sign.  At least it's summer.  Everyone is in a better mood and pulls out that credit card again.

These stores reported better than expected declines: Gap, American Eagle and Wet Seal.

These stores reported better than expected gains: The Children's Place, T.J. Maxx owner TJX Cos. Inc. and The Buckle.

T.J. Maxx can probably keep this up due to their name brands at low prices strategy... but I'd stay away from the rest of retail.

Read more here.