Howard Davidowitz
Howard Davidowitz
number store
We've had an astronomical number of store closings.
execution problem
The problem at Linens 'n Things is execution.
french marriage married
We've been in a complicated marriage with the French for over 50 years now, and we'll be married to them forever,
channel clothes department retail stores supplies terms weakest
Tommy Hilfiger supplies its clothes to department stores and we all know that that's the weakest channel in retail in terms of sales,
both company focused lawsuits next terms unions
Unions are focused on this company and these lawsuits are only increasing, ... The other thing that both shareholders and analysts will focus on is: Where does Wal-Mart go from here? In other words, what is next in terms of its growth?
allowances demand department high inventory likelihood lower merger return scenario segment sell store stores worse worst
There is a high likelihood of lower prices, ... The department store segment is a supplier's worst nightmare. Department stores demand more allowances from vendors, they want to be able to return inventory if it doesn't sell well. A Federated-May merger could be an even worse scenario for the suppliers.
estate percent
The real estate has shrunk by more than 50 percent and is going to be shrunk again,
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,
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.
redefining
Wal-Mart is effectively redefining its future, and not before time.
banking customer food opportunity ought sees toy
Wal-Mart sees banking as an opportunity to give the customer a better deal. That's what Wal-Mart's about. That's why they have demolished the food and toy industries. If it's better for the customers, then that's the way it ought to be.
associate brand empire invest likely media publishing pull rather
We're likely to see advertisers pull away ... They would much rather invest in Oprah's media publishing empire rather than associate with the Stewart brand now.