Howard Davidowitz
Howard Davidowitz
customers help lean lure retailers year
Lean inventories won't help retailers this year if they can't lure customers into their stores.
knows
Sears is a shaken-up company, and who knows when it will recover, ... are wonderful.
beaten business company losing market share stay trying
Sears is an American institution that's getting beaten up, ... The company is trying everything it can to stay in business but it's still losing market share everywhere.
amount areas company crazy declining locations marshall money overlap paid premium stores
May has paid a crazy amount of money for what many think is a declining asset. Not all of the Marshall Field's locations make sense to May, especially in areas where the Field's stores overlap with its stores. I think the company will try to recoup some of that money, the hefty premium it paid for the chain.
amount areas company crazy declining locations marshall money overlap paid premium stores
May has paid a crazy amount of money for what many think is a declining asset, ... Not all of the Marshall Field's locations make sense to May, especially in areas where the Field's stores overlap with its stores. I think the company will try to recoup some of that money, the hefty premium it paid for the chain.
difference kept last promotions retailers tight year
One big difference was that last year retailers kept promotions under tight control. Things were more panicky this year.
buy course mood people rain retailers stuff
Of course retailers don't want rain today. It just sours the mood of shoppers. But if there's stuff that people really want to buy today, they'll still go out and get it,
fashion younger
Barneys is much edgier, much more fashion-forward, and much younger than Saks.
attract believed top
I have never believed that they're going to attract top dollar.
controlled earnings expect expenses good gross happened inventory margins quarter retailers third together
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.
catering classes customer familiar industry known opportunity retail within
Within the retail industry Federated is known for catering to the classes and May to the masses. For the May customer, it's an opportunity to get more upscale merchandise that a Bloomingdales' customer is familiar with.
buy consumers half measures second
We'll have to see if these measures also will induce consumers to buy more in the second half of the year,
business mad promoted retailers
Those retailers who promoted like mad got the business and they won.
bad company musical performance
When a company has bad performance and new owners, look for musical chairs,