Howard Davidowitz
Howard Davidowitz
customer generally sales target
If you look at Helen of Troy's customer base, sales are generally strong. Wal-Mart sales are up, Target sales are up,
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Food companies need to listen to the whispers before they become roars. If they're not careful, certain types of food could be legislated off the shelf.
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It's simply a case of Gap missing the mark for the back-to-school season.
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Retailers have planned their inventories very well again this year but there's no point in that if you get can't shoppers into your store. Expect substantial deals as we go along, especially in clothing and consumer electronics.
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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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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.
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Business died for a few days, you've got a ton of inventory, so what do you do? You turn lemons into lemonade and make the week after Christmas more important with super sales and promotions.
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From a very simplistic point of view, consumers will probably start to see better prices and better quality of goods. When the quality and price is right, consumers shop more frequently and they buy more.
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Wal-Mart over the last five years has been able to grow its same-store sales at 6 to 7 percent. Now that growth has dwindled to 2 or 3 percent. I call this a gigantic change.
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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.
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The message that Martha Stewart's publicity team sent (Wednesday) was, 'Won't it be wonderful that she's coming back and will be running the company?' ... But how will that happen? It's going to be very tricky.
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When a company has bad performance and new owners, look for musical chairs,
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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,