Howard Davidowitz
Howard Davidowitz
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We've had an astronomical number of store closings.
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When Sears Essentials came in, you had a lot of morons running around screaming this was the greatest thing. I said it was a bowling alley with no customers. This business of going off-the-mall is much more complex than it looks.
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Food companies need to listen to the whispers before they become roars. If they're not careful, certain types of food could be legislated off the shelf.
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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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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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It's simply a case of Gap missing the mark for the back-to-school season.
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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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It's a train wreck. The company is headed south. If this goes on too long, there will be no more company.
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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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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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It's an open question whether or not White House can maintain the momentum it's had.
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The performance of the company over the last few years has been very erratic. It's also a smaller player. It was time for Milstein to take it easy and make a gigantic pot of money and turn the ball over to someone else.