Walter Loeb
Walter Loeb
appears certainly surprising
It's not surprising that Lacy is retiring. In the merger, he certainly appears to be a transitional figure.
icon lost today
Today we've lost an icon and patriarch in the business.
fact inventory problem retailers
You have a problem here that's more long-lasting, and that's the fact that you probably have some involuntary inventory accumulation at many retailers because of the weather.
company create customers fashion needs
He's not a merchant, and I think the company needs a merchant. It needs to create excitement, a new fashion image; it has to get customers to come to the store.