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.
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?
appeal brand margin profit selling tremendous understand valuable
There's a tremendous profit margin on the tchotchkes they're selling and I understand the appeal of that. But the most valuable thing that Tiffany has is their brand name. You can't be everything to everybody.
bills business businesses close fruit guy next pay selling small street year
You see the guy out on the street selling coffee, donuts, fruit - his business is destroyed. There are a lot of small businesses that will close or that won't be able to pay their bills next year because of the strike.
assume good package sell trying
As a negotiating strategy, I would assume Saks is trying to package the whole thing -- to sell the good with the bad.
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.
business company credit guess sell several smoke stores trying
The company has remodeled its stores several times and is also trying to sell its credit business . But when the smoke clears, it's anyone's guess as to how many more years Sears can go on like this.
execution problem
The problem at Linens 'n Things is execution.
available billion companies equity private
The private equity companies have never had this much money. They have $125 billion available for acquisitions.
fickle game impress money numbers potential public rule stays
The rule of the game is go public for the money when you have the numbers to impress potential investors. Retail, and especially apparel, is so fickle that nothing stays the same forever.
downside stock
The stock has a lot of downside and very little upside.
associated costs gigantic given process share warehouse
There would have been gigantic costs associated with the unbundling process given that the different units share warehouse and distribution centers,