Howard Davidowitz
Howard Davidowitz
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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,
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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?
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May has paid a crazy amount of money for what many think is a declining asset. Not all of the Marshall Field's locations make sense to May, especially in areas where the Field's stores overlap with its stores. I think the company will try to recoup some of that money, the hefty premium it paid for the chain.
amount areas company crazy declining locations marshall money overlap paid premium stores
May has paid a crazy amount of money for what many think is a declining asset, ... Not all of the Marshall Field's locations make sense to May, especially in areas where the Field's stores overlap with its stores. I think the company will try to recoup some of that money, the hefty premium it paid for the chain.
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We've had an astronomical number of store closings.
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There is no loyalty to a store -- that's what Federated has gone to school and found out. The place with the best product at the right time and at the right price, that's where the customer loyalty is.
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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,
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Tommy Hilfiger supplies its clothes to department stores and we all know that that's the weakest channel in retail in terms of sales,
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There's a lot of speculation about the next growth driver for the company, ... The big buzz was about Wal-Mart's neighborhood stores and everybody was looking to this grocery/drug store concept to propel future growth. Now Wal-Mart said it's slowed down the rollout of these stores.
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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.
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This deal is a classic Wall Street creation, ... Sears' store sales are down for 22 consecutive months. The company is in a crisis. It had to find a way to pump up its stock and reward its shareholders. Wait until the smoke clears.
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The most important people who have to be motivated are the store employees; they're your life blood. Federated knows this.
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Kohl's could be interested in buying a few of the Mervyn's stores as it expands its presence in the state.
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Kmart said it closed its worst performing stores because it couldn't maintain inventory once its vendors cut themselves off. Now that the stores are shuttered and inventory is up, Kmart is still doing less business than before. The company is still losing money and market share. I'm not sure the company can get past Christmas.