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.
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.
customers help lean lure retailers year
Lean inventories won't help retailers this year if they can't lure customers into their stores.
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,
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.
business mad promoted retailers
Those retailers who promoted like mad got the business and they won.
bigger corporate earnings entire issue retail space spending weak
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.
channel clothes department retail stores supplies terms weakest
Tommy Hilfiger supplies its clothes to department stores and we all know that that's the weakest channel in retail in terms of sales,
chains christmas inventory months orders pipeline placed retail sars
Also, most big retail chains placed their Christmas orders months ago and the Christmas inventory was already in the pipeline before (the) SARS (outbreak),
coming creative customers longer retailers specialty stores true
This is specially true of the specialty stores. Retailers have to become more creative if they want to keep customers longer in their stores and if they want them to keep coming back.
marking retailers signs
Some retailers are already marking up 40- to 50-percent off signs as we speak.