Howard Davidowitz
Howard Davidowitz
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I think this is terrific for consumers, ... Telemarketers will simply have to reallocate money to more direct mail, television, radio and print advertising.
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I've heard that the Chris Madden line's pulling powerful comparable sales growth for the past six to seven months. This is a category that exploding for Penney and it's also helping boost their monthly sales higher,
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The big picture is that we're a debtor nation but remain the most profligate spenders,
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The bigger issue for the entire retail space is that we have a weak economy, unemployment is rampant, corporate spending is down and corporate earnings are not improving.
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Stuckey's strategy would be to take a plain low-priced product like jeans and embellish it with design. Suddenly it becomes a 'fashion' jeans and appeals to a new ethnic audience. It's the same strategy with 7,
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The message that Martha Stewart's publicity team sent (Wednesday) was, 'Won't it be wonderful that she's coming back and will be running the company?' ... But how will that happen? It's going to be very tricky.
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They were a failed company, and they were resuscitated, and now Children's Place is the gold standard in children's merchandising in the United States.
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The nightmare goes on and when Wall Street finds that out, the stock price goes right back down,
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That's something that you never see. But it is totally rational with a company in free fall.
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It's simply a case of Gap missing the mark for the back-to-school season.
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What happened in the third quarter is that retailers controlled inventory and expenses tremendously. So expect to see pretty good gross margins and expect to see inventories down. Put it all together and earnings will be fair.
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We've had an astronomical number of store closings.
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We'll have to see if these measures also will induce consumers to buy more in the second half of the year,
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At the end of the day, if the quotas stick, the bottom line is that consumers will be paying more for some clothing items by next year.