Howard Davidowitz
Howard Davidowitz
brilliant cut financial record retail run sell
He's a brilliant financial engineer. His record is always the same: cut costs, sell assets. That's terrific, only that's no way to run a retail business.
brilliant cut financial record retail run sell
He's a brilliant financial engineer, ... His record is always the same: cut costs, sell assets. That's terrific, only that's no way to run a retail business.
bath bed kinds similar size stores
Here they are with similar size stores to Bed, Bath & Beyond. They're in similar kinds of locations. And they're in similar kinds of demographics,
buy consumers frequently point prices quality shop simplistic start
From a very simplistic point of view, consumers will probably start to see better prices and better quality of goods. When the quality and price is right, consumers shop more frequently and they buy more.
furniture goods romance spell store tennis
Furniture doesn't typically spell romance. A sporting goods store is another off-beat destination. I mean, what would you get? A paddle, a tennis racquet?
allowances demand department high inventory likelihood lower merger return scenario segment sell store stores worse worst
There is a high likelihood of lower prices, ... The department store segment is a supplier's worst nightmare. Department stores demand more allowances from vendors, they want to be able to return inventory if it doesn't sell well. A Federated-May merger could be an even worse scenario for the suppliers.
behind brains buying compete difficult fashion fry powerful product relationships seller service somebody worldwide
What is behind everything that Luxottica has done worldwide is, they get so powerful they can fry the suppliers' brains out. If you're an independent seller of eyewear, you have a problem. You have to live on service and relationships and fashion and all of that, but it's very difficult to compete with somebody who is buying the same product for less.
buying estate incredible job worth
He's done an incredible job of buying $100 worth of real estate for a dollar.
business christmas died few lemonade lemons sales super ton turn week
Business died for a few days, you've got a ton of inventory, so what do you do? You turn lemons into lemonade and make the week after Christmas more important with super sales and promotions.
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.
additional cards compared dollar gift impact increase january last less panacea retailers sales
Gift cards are not the panacea because the year-over-year increase is anemic. Because the markdowns in January will be more than last year, retailers will see less dollar impact of additional sales from gift cards compared to last year.
improve question sales
For me, the big question is what is Wal-Mart going to do to improve sales,
far giant hard left loss market trying
has been trying very hard to do that for a long time. So far they have been left with a giant loss of market share.