Howard Davidowitz
Howard Davidowitz
banking customer food opportunity ought sees toy
Wal-Mart sees banking as an opportunity to give the customer a better deal. That's what Wal-Mart's about. That's why they have demolished the food and toy industries. If it's better for the customers, then that's the way it ought to be.
call five gigantic grow growth last sales
Wal-Mart over the last five years has been able to grow its same-store sales at 6 to 7 percent. Now that growth has dwindled to 2 or 3 percent. I call this a gigantic change.
dog fashion nine sell
Wal-Mart isn't about to become a fashion powerhouse. How can you sell fashion with nine aisles of dog food, detergent and chicken?
redefining
Wal-Mart is effectively redefining its future, and not before time.
downside stock
The stock has a lot of downside and very little upside.
bankruptcy buyers coming company move
Buyers beware. This kind of move is not sustainable, ... The company went into bankruptcy a cadaver and it's coming out a cadaver.
aware fight identified lay market move operating saying strategy suburbs sure urban walk
Wal-Mart has identified a strategy of urban expansion, and they're not going to walk away from it, ... They know that operating in an urban market is different from the suburbs and I'm sure they were already aware of things like zoning laws. Did they really need to put up a fight in Inglewood? No. What they did here is lay down the marker. Wal-Mart is saying that they've identified a new market and they're going to move it and attack.
compared dead due five losing momentum money sales stock store
Wal-Mart has been losing same-store sales momentum due to store cannibalization and it's stock has been dead money for over five years compared to Target,
dark investors shot white
Investors beware, this could be a shot in the dark for White House,
gone percent retailers toy
In the toy industry, about 60 percent of the independent retailers have already gone out of business.
cleaning concerned easy exposure inventory issue overall
I'm concerned about what the markdown exposure will be to overall sales, ... Cleaning up inventory is a big issue and it's not easy to fix.
consumers conversation costco decision department huge investment morning retailers shopping store support terry
I had a conversation with Terry this morning and I told him that I don't support a decision to make a huge investment in another department store when many more consumers are shopping at off-mall retailers such as Wal-Mart, Target, Costco and Kohl's,
coming martha message publicity running sent team wonderful
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.
bring build couple department dollars few million stores successful
If you are able to build a few stores that are successful and bring in a couple of million dollars each, the department stores will come to you and you can make a deal.