Bill Dreher
Bill Dreher
customer discount earnings expect generating increases people price rational retailers sales seeing solid strong traffic
People are being much more rational with their expenditures. That's why we're seeing these discount price retailers generating strong customer traffic and solid sales increases. And we expect strong earnings increases from them.
advertising aggressive good holiday job louder stealing
I think it all comes down to Wal-Mart's aggressive advertising campaign. They are being much louder with their campaign, and I think they've done a good job of stealing the 'early-bird' holiday shoppers.
advertising aggressive good holiday job louder stealing
I think it all comes down to Wal-Mart's aggressive advertising campaign, ... They are being much louder with their campaign, and I think they've done a good job of stealing the 'early-bird' holiday shoppers.
appears factor greatest retailers soon unleashed until warm
It appears that the greatest factor for our retailers slowdown up until now had been the unseasonably warm weather, and as soon as we got more seasonally appropriate temperatures it unleashed pent up demand.
appears factor greatest soon unleashed until warm
It appears that the greatest factor for our retailers' slowdown up until now had been the unseasonably warm weather, and as soon as we got more seasonally appropriate temperatures it unleashed pent up demand.
began concerned investor sponsored woo
Historically, Wal-Mart has only been concerned about the consumer. But 12 years ago, Wal-Mart began to woo the investor and sponsored fieldtrips to their headquarters. These were tremendously successful,
catering customers income retailers tough
Retailers that are not catering that well to the middle- and upper-income customers are going to have a tough time.
affected areas days expect given impossible lose nearly roads sales severity stores
Given the severity of the storm, we expect that stores in the affected areas could lose up to two days of sales as roads were nearly impossible to navigate.
alan bad confidence convinced dealing deceitful department feeling head hiding investor restore sounds tackling
He (Lacy) was dealing with a deceitful department head who sounds like he was hiding some bad news, ... Our feeling is Alan Lacy is being very forthcoming and straightforward with the problems, and is tackling them very aggressively. But we're not convinced that's going to be enough to immediately restore investor confidence in shares.
achieve aggressive allowed christmas clearly days despite lack last month plans promotions retailers sales saw strong
Clearly the last 10 days before Christmas were very strong and allowed retailers to achieve their sales plans for the month despite the lack of aggressive promotions we saw in 2002.
clearly earnings environment exit hopefully leading market momentum robust sales share translate tremendous
Clearly they're the leading broad-line retailer right now. They're going to exit this environment with tremendous market share gain, and hopefully they'll be able to translate sales momentum into robust earnings momentum.
bankruptcy equation limiting missing situation surprised typical
I really would be surprised if they filed. The part of the equation that is missing in a typical bankruptcy situation is that vendors are not clamping down on them. Vendors are not limiting the distribution of merchandise.
health investors skeptical
Investors have been skeptical about the health of the U.S. consumer, and will use this to take profits.
intent last learned lessons repeating year
They've learned the lessons from last year and are intent upon not repeating the same mistakes.