Howard Davidowitz
Howard Davidowitz
totally
Kinko's is under assault, and I think what Kinko's is doing is totally rational.
bankruptcy
Kmart went into bankruptcy a cadaver and it'll come out of it a cadaver,
business closed company cut inventory less losing maintain market money past performing stores sure themselves worst
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.
hispanic percentage
Is Wal-Mart going after the Hispanic and African-American consumers? Absolutely. They're a significant percentage of Wal-Mart shoppers,
boost brilliant dramatic few lead next percent sales small turnaround
I think its a brilliant strategy. Make small improvements that will boost sales even 4 to 5 percent over the next few years and that could lead to a dramatic turnaround for the company,
expect flat holiday lowest reading sales since
When it's all over, I expect holiday sales to be flat to up 1 percent, which would be the lowest reading since 1990. That's what I see for Christmas.
familiar properties steve taking
Steve is very familiar with taking properties like that and making them profitable.
becoming state street valuable
State Street is now becoming very valuable property, and Carson's lease is way under-market.
office position shell sort
My position is, at the end of the day, there will be some sort of shell office in St. Louis. It will be a facade.
magical question stock
The advertisers are gone. It's a question of getting them back. But getting every one of them back is priced into the stock. The stock is priced as if everything she does is magical and perfect.
dead gotten prior
I think she's dead in the water. Prior to the case, she could have gotten anybody, Target, J.C. Penney's, Kohl's, ... I think any one of them would have wanted her (if) she replaces Kmart. But where are you going to put the product?
catering classes customer familiar industry known opportunity retail within
Within the retail industry Federated is known for catering to the classes and May to the masses. For the May customer, it's an opportunity to get more upscale merchandise that a Bloomingdales' customer is familiar with.
aware fight identified lay market move operating saying strategy suburbs sure urban walk
Wal-Mart has identified a strategy of urban expansion, and they're not going to walk away from it, ... They know that operating in an urban market is different from the suburbs and I'm sure they were already aware of things like zoning laws. Did they really need to put up a fight in Inglewood? No. What they did here is lay down the marker. Wal-Mart is saying that they've identified a new market and they're going to move it and attack.
compared dead due five losing momentum money sales stock store
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,