Bill Dreher
Bill Dreher
brutal department stores throwing
As we get through the season, department stores are going to be brutal in throwing merchandise back to vendors.
company consensus endorsed estimates fiscal growth percent
The company endorsed consensus analysts' estimates of a 15 percent EPS growth in the new fiscal year,
acquiring card companies continues cost credit department gross improved improving lowering margin problems retailers seeing stores strong struggle target turnaround
The companies that are seeing strong gross margin improvements are getting it not from improving their merchandising mix, but from improved buying. Retailers like Wal-Mart and Target are lowering their cost of acquiring products. Sears on the other hand, continues to struggle with the turnaround of its department stores and problems with its credit card unit.
additional driving equity generate interest offer outside private thus
Alternatively, the offer could generate additional interest from outside parties, like private equity companies, thus driving Sears Canada's shares.
admit clearly comparison department direct job quite stores talked
All the department stores we talked to admit quite clearly it's an unprecedented environment, and they have no direct comparison in being able to plan. It makes their job very, very difficult.
beneficial discount energy low prices tax
The low energy prices are more beneficial than any tax break, particularly for discount shoppers.
mixed separation winners
It was a mixed bag, ... What we got again, as we did in December, is this separation of winners and losers.
bigger company concerns consumers example gas heart local solution station trying
Is all this a solution for the bigger concerns of the American consumers or the local gas station owner? No. But it is an example of the company trying to show its heart in the right place.