Howard Davidowitz
Howard Davidowitz
controlled earnings expect expenses good gross happened inventory margins quarter retailers third together
What happened in the third quarter is that retailers controlled inventory and expenses tremendously. So expect to see pretty good gross margins and expect to see inventories down. Put it all together and earnings will be fair.
bad company musical performance
When a company has bad performance and new owners, look for musical chairs,
known
No. 1, Houston, Texas, is known for a lot of parties.
casual chicago formal gotten houston york
New York has gotten more casual, Chicago has gotten more casual but Houston is still kind of formal when it comes to socializing.
customers help lean lure retailers year
Lean inventories won't help retailers this year if they can't lure customers into their stores.
knows
Sears is a shaken-up company, and who knows when it will recover, ... are wonderful.
beaten business company losing market share stay trying
Sears is an American institution that's getting beaten up, ... The company is trying everything it can to stay in business but it's still losing market share everywhere.
business cash cow growth invest whip
When you're a cash cow like Federated, you should invest in a growth business and not another buggy whip company.
difference kept last promotions retailers tight year
One big difference was that last year retailers kept promotions under tight control. Things were more panicky this year.
buy course mood people rain retailers stuff
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,
america growing hear obesity president publicity question states talking united
There's no question about it, ... There is so much publicity about obesity in America. You hear politicians talking about it daily. You even hear the president of the United States talking about it as a growing concern.
lost
There's no way to make up for the lost business. It's gone.
strike transit worse
The transit strike is devastating for retail. It couldn't have come at a worse time, and we don't know how long it's going to go on.
downside stock
The stock has a lot of downside and very little upside.