Howard Davidowitz
Howard Davidowitz
bills business businesses close fruit guy next pay selling small street year
You see the guy out on the street selling coffee, donuts, fruit - his business is destroyed. There are a lot of small businesses that will close or that won't be able to pay their bills next year because of the strike.
lost
There's no way to make up for the lost business. It's gone.
brand built single survive
The brand as we know it is dead. Any brand that's built exclusively around a single personality can't survive something like this.
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I think this is terrific for consumers, ... Telemarketers will simply have to reallocate money to more direct mail, television, radio and print advertising.
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Most of these deals work because of cheap money. Money is getting more expensive. The potential buyers will be more cautious. They are reworking their numbers to see if they can get a return.
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New York has gotten more casual, Chicago has gotten more casual but Houston is still kind of formal when it comes to socializing.
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?
nation picture remain
The big picture is that we're a debtor nation but remain the most profligate spenders,
buying few interested presence stores
Kohl's could be interested in buying a few of the Mervyn's stores as it expands its presence in the state.
knows
Sears is a shaken-up company, and who knows when it will recover, ... are wonderful.
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It's an open question whether or not White House can maintain the momentum it's had.
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I've heard that the Chris Madden line's pulling powerful comparable sales growth for the past six to seven months. This is a category that exploding for Penney and it's also helping boost their monthly sales higher,
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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.
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We had moderate growth in income but we're borrowing our brains out. The most concerning thing is that the level of savings is at less than one percent of personal income,